Depthfirst, an AI-based security platform, has raised $40 million in Series A funding led by Accel to enhance its innovative cybersecurity solutions.

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Depthfirst, an AI-based security platform, has successfully raised $40 million in a Series A funding round, led by Accel. Other participants in this round included Alt Capital, BoxGroup, Liquid 2 Ventures, Mantis VC, and SV Angel. Prominent angel investors such as Jeff Dean, Senior Researcher at Google, Kirsten Green, Founder of Forerunner Ventures, and Logan Kilpatrick from Anthropic also contributed to this round of investment.

Founded last year, Depthfirst is led by CEO Qasim Mithani, who previously held the position of Head of Infrastructure at Databricks. Co-founder Daniele Perito served as the Director of Security and Risk Engineering at Square, while CTO Andrea Michi has a background with Google DeepMind. The team excels in both AI and security expertise, which is pivotal for their innovative approaches.

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The cloud security market is experiencing rapid growth, with significant investments being made in cutting-edge technologies. Recent acquisitions, such as Google's purchase of the cloud security platform Wiz for $32 billion and Palo Alto Networks' acquisition of CyberArk for