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Tines, an Irish software automation company, has achieved unicorn status after raising $125 million. This new funding round values the company at $1.125 billion, bringing its total financing raised to $272 million.

NEW YORK, Jan. 23, 2025 /PRNewswire/ -- Intezer , a leader in AI-powered technology for autonomous security operations, today announced a banner 2024, driven by the rapid adoption of its innovative solutions and the growing enterprise demand for agentic AI to transform security operations.Key highlights from 2024 include:2.5x annual recurring revenue (ARR) growthDoubled the customer base50% increase in team sizeImplemented AI SOC in over 700 customer environments to dateThis extraordinary growth solidifies Intezer's position as a frontrunner in the emerging autonomous security operations market. It also reflects a broader enterprise shift toward agentic AI, with Gartner predicting that by 2028, 33% of enterprise software applications will include agentic AI, up from less than 1% in 2024."Intezer has spent the past several years investing heavily in innovations that redefine what security operations can look like, and it's rewarding to see the market adopting this seismic shift toward AI SOC," said Itai Tevet, CEO and co-founder of Intezer. "Our mission to end the cybersecurity talent shortage is the foundation of our innovative AI technology, which enables teams to operate smarter, faster, and more efficiently. As agentic AI adoption accelerates, Intezer is uniquely positioned to help organizations navigate this transformative era so they can devote more resources to proactive security initiatives."$33M Series C Funding Fueled ExpansionIn 2024, Intezer raised $33 million in Series C funding, bringing its total capital raised to $60 million. Led by Norwest Venture Partners, the round also included participation from existing investors, including Intel Capital, OpenView, Magma, and Alon Cohen, founder of CyberArk.This funding accelerates innovation in Intezer's Autonomous SOC platform and expands its go-to-market initiatives, further strengthening its leadership in the fast-growing agentic AI space.Deloitte reports that over the past two years, investors have poured $2 billion into agentic AI startups, reflecting the immense demand for autonomous solutions that redefine how the enterprise operates.Growth Powered by Innovation, Partnership, and Market DemandIntezer's success in 2024 underscores its commitment to solving cybersecurity's most pressing challenges through advanced AI solutions