Zenity secures $38 million in Series B funding to enhance security for agentic AI applications, addressing crucial vulnerabilities in the rapidly growing AI landscape.

Information on the Target

Zenity is the pioneering company in securing agentic AI, recently raising $38 million in a Series B funding round, which has increased its total capital to over $55 million. This funding round was co-led by Third Point Ventures and DTCP, following a strategic investment from Microsoft's venture arm, M12, along with significant contributions from existing investors like Intel Capital and Vertex Ventures. The capital will be utilized to expand Zenity's team across product development, engineering, sales, and marketing, as well as to launch a partner program aimed at enhancing the global ecosystem supporting enterprises that are adopting agentic workflows, including AI applications and enterprise copilots.

Industry Overview in Israel

Israel's tech industry, particularly in AI and software development, holds a leading position on the global stage. As a hub for cutting-edge technology, the country has witnessed an exponential rise in AI adoption across various sectors. Forbes estimates over 51% of companies in Israel actively integrate AI into their processes, showcasing a strong inclination towards automation and efficiency through advanced technologies.

Despite this rapid adoption, security and data infrastructure concerns remain significant hurdles. According to Salesforce, only 11% of CIOs report full implementation of AI technologies due to these