AI Security Startup Depthfirst Secures $40 Million Series A Funding
Key Points
- Depthfirst raised $40 million in a Series A round led by Accel Partners.
- Investors include SV Angel, Mantis VC, and Alt Capital.
- The company was founded in October 2024.
- Its General Security Intelligence platform uses AI to scan codebases and monitor third‑party risks.
- Depthfirst targets credential exposures and open‑source component threats.
- CEO Qasim Mithani emphasizes the need for AI‑driven defenses against modern attacks.
- Co‑founders bring experience from Databricks, Amazon, Square, and Google DeepMind.
- Funding will support hiring in research, engineering, product, and sales.
- Depthfirst aims to expand partnerships with leading technology firms.
Depthfirst, an AI‑focused cybersecurity startup, announced a $40 million Series A round led by Accel Partners with participation from SV Angel, Mantis VC, and Alt Capital. Founded in October 2024, the company offers its General Security Intelligence platform, an AI‑native suite that scans codebases, protects against credential exposures, and monitors threats to open‑source and third‑party components. The new capital will fund expanded research, engineering, product development, and sales teams. Co‑founder and CEO Qasim Mithani emphasized the need for defenses that keep pace with AI‑driven attacks, while the leadership team brings experience from Databricks, Amazon, Square, and Google DeepMind.
Funding Round and Investors
Depthfirst disclosed that it has closed a $40 million Series A financing round. The round was led by Accel Partners and included contributions from SV Angel, Mantis VC, and Alt Capital. The infusion of capital is intended to accelerate the company’s growth and expand its team across research, engineering, product, and sales functions.
Company Origins and Mission
Founded in October 2024, Depthfirst positions itself at the intersection of artificial intelligence and cybersecurity. The firm argues that software development cycles now outpace traditional security methods, creating a need for AI‑driven defenses that can scale with rapid code production.
General Security Intelligence Platform
The core offering, called General Security Intelligence, is an AI‑native suite designed to automatically scan and analyze codebases and development workflows. The platform helps organizations detect credential exposures, monitor threats to open‑source libraries, and assess risks associated with third‑party components. By leveraging AI, Depthfirst aims to identify vulnerabilities and malicious activity faster than conventional tools.
Leadership and Expertise
Co‑founder and CEO Qasim Mithani, who previously held roles at Databricks and Amazon, highlighted that AI has fundamentally altered how attackers operate, necessitating equally transformative defensive measures. Co‑founder Daniele Perito brings experience as former director of security and risk engineering at Square, while CTO Andrea Michi previously worked at Google DeepMind. This blend of AI and security backgrounds underpins Depthfirst’s strategy.
Future Plans and Market Impact
With the new funding, Depthfirst plans to hire additional staff for applied research, engineering, product development, and sales. The company also aims to deepen partnerships with prominent technology firms and expand its customer base. By addressing AI‑driven exploits, Depthfirst seeks to become a key player in protecting enterprises against a new generation of cyber threats.