MixMode

MixMode

AI-driven real-time cybersecurity threat detection

About MixMode

Simplify's Rating
Why MixMode is rated
A-
Rated B on Competitive Edge
Rated A on Growth Potential
Rated A on Rating Differentiation

Industries

Cybersecurity

AI & Machine Learning

Company Size

51-200

Company Stage

Series B

Total Funding

$60.6M

Headquarters

Santa Barbara, California

Founded

2020

Overview

MixMode specializes in cybersecurity by using advanced artificial intelligence to detect and respond to threats in real-time. Its platform, powered by a generative AI model called "Third Wave AI," can predict both known and novel cyber attacks, including zero-day attacks, which sets it apart from traditional systems. The self-learning and context-aware nature of the platform allows it to understand network behavior quickly and efficiently, making it a valuable tool for businesses with large data sets. MixMode aims to enhance the security of organizations, particularly in sectors like finance and healthcare, through its subscription-based service.

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Simplify's Take

What believers are saying

  • MixMode won two awards in the 2024 Cybersecurity Excellence Awards.
  • Partnership with Dallas enhances protection of critical infrastructure.
  • Bob Pratt's appointment boosts product innovation and development.

What critics are saying

  • Emerging AI startups may challenge MixMode's market position.
  • Rapid AI evolution could render MixMode's platform obsolete.
  • Integration with legacy systems may cause deployment delays.

What makes MixMode unique

  • MixMode uses patented self-supervised learning for real-time threat detection.
  • The platform adapts to network dynamics without rules or human intervention.
  • MixMode's Third Wave AI predicts both known and novel cyber attacks.

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Funding

Total Funding

$60.6M

Above

Industry Average

Funded Over

4 Rounds

Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Above Average

Industry standards

$35M
$45M
Linktree
$45M
MixMode
$65M
Substack
$100M
ClickUp

Growth & Insights and Company News

Headcount

6 month growth

↓ -1%

1 year growth

↓ -1%

2 year growth

↑ 6%
PR Newswire
May 15th, 2024
Mixmode Honored As Ai Security Solution Leader In 2024 Cybersecurity Excellence Awards

Recognized for Leadership in Using Advanced AI for Real-time Threat DetectionSANTA BARBARA, Calif., May 15, 2024 /PRNewswire/ -- MixMode, the leading provider of advanced AI-powered cybersecurity solutions, today announced that the company has been named a winner in the AI Security Solution category of the 2024 Cybersecurity Excellence Awards. In this AI Security Solution category, MixMode won two distinct awards: one for AI Powered Threat Detection and Response and one for Advanced AI for Real-Time Threat Detection. The Cybersecurity Excellence Awards honors companies and products at the forefront of innovation, leadership, and excellence in information security.MixMode named a two time winner in the AI Security Solution category of the 2024 Cybersecurity Excellence Awards"To be recognized by the Cybersecurity Excellence Awards for our advanced AI-powered Platform is a testament to the whole team here at MixMode," said Matt Shea, Chief Strategy Officer of MixMode. "The cybersecurity industry has been overly dependent on rules-based systems for the last 20+ years and the right AI tools can augment these legacy platforms to reduce alert volume and detect unknown attacks. MixMode is committed to advancing AI technologies to enhance cybersecurity defenses and protect organizations from emerging threats with unparalleled accuracy and efficiency."As depicted in MixMode's annual State of AI in Cybersecurity Report 2024 , AI is changing the nature of cybersecurity and MixMode is at the forefront of revolutionizing cybersecurity through its patented AI-powered threat detection. MixMode's advanced AI combines predictive analytics, behavioral monitoring, and automated guided response capabilities to empower security teams with:Faster and more accurate detection of threats, including novel and sophisticated attacks.Reduced workload and improved efficiency for security personnel.Proactive defense capabilities to mitigate risks and prevent incidents."We congratulate MixMode on being recognized as an award winner in the AI Security Solution category of the 2024 Cybersecurity Excellence Awards ," said Holger Schulze, CEO of Cybersecurity Insiders and founder of the 600,000-member Information Security Community on LinkedIn, which organizes the 9th annual Cybersecurity Excellence Awards

Security Boulevard
Apr 16th, 2024
MixMode Launches Advanced AI-Powered Attack Detection Prioritization

Santa Barbara, CA, April 16, 2024 - MixMode, the leading provider of advanced AI-powered cybersecurity solutions, today announced enhancements to the MixMode Platform aimed at reducing risk and empowering security teams.

BNN Bloomberg
Feb 29th, 2024
Dallas Partners with MixMode for AI-Driven Cybersecurity Defense Against Rising Threats

The initiative sees MixMode collaborating with technology service provider Netsync to deliver a comprehensive solution that enhances the protection of Dallas's network infrastructure.

News Journal
Feb 29th, 2024
City of Dallas Selects the MixMode Platform to Fortify Its Critical Infrastructure

SANTA BARBARA, Calif., Feb. 29, 2024 /PRNewswire/ - MixMode Inc., the leader in AI cybersecurity solutions for real-time detection and response, today announced that the City of Dallas, Texas has entered into a partnership with MixMode, an advanced AI cybersecurity platform, to bolster their cybersecurity defenses.

Security Boulevard
Feb 15th, 2024
The Current State of SOC Operations Shows The Escalating Need for AI in Cybersecurity

MixMode set out to find out, partnering with the Ponemon Institute to survey cybersecurity professionals and find out where they stand with the adoption of artificial intelligence.

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