Doppel's AI Battle: Secures $70M to Stay Ahead of Cyber Risks
- Doppel secured $70M in Series C funding led by Bessemer, valuing the AI security firm at over $600M with total raised capital reaching $124M. - Investors including CrowdStrike's George Kurtz praised Doppel's AI-driven threat detection platform for combating hyper-personalized social engineering attacks. - The platform's 3x ARR growth and 5x Fortune 500 client increase highlight its effectiveness in reducing AI-powered impersonation risks across industries. - Funds will accelerate R&D for digital risk pro
Doppel, a company specializing in AI-powered social engineering defense (SED), has secured $70 million in Series C funding with Bessemer Venture Partners leading the round. This brings the company’s total funding to $124 million and pushes its valuation past $600 million
This latest funding reflects the rising need for solutions to counter AI-driven social engineering attacks, which are increasingly used by cybercriminals to launch highly targeted campaigns across social media and the dark web. Doppel’s platform leverages agentic AI and a dynamic threat graph to identify, disrupt, and simulate attacks, while its Human Risk Management (HRM) suite delivers AI-powered security training and phishing simulations
Investors are drawn to Doppel’s capacity to fill a crucial gap in enterprise cybersecurity. “Doppel distinguishes itself with remarkable speed, bold ambition, and a relentless focus on results,” said Bessemer Partner Elliott Robinson, highlighting the firm’s strong belief in Doppel’s future
Doppel’s technology has already won over major clients. Commerce, the parent company of BigCommerce, credits Doppel with minimizing impersonation threats and protecting its brand
The Series C funds will be used to boost R&D for Doppel’s Digital Risk Protection suite and broaden HRM offerings, including new simulation tools that replicate real-time deepfake attacks. The company also intends to grow its global workforce and expand internationally, having already doubled in size over the past year
As generative AI opens up new avenues for cyberattacks, Doppel’s rapid ascent reflects a broader industry movement toward AI-first security solutions. With cybercriminals exploiting AI to deceive users, organizations are turning to platforms that can outpace these threats through innovation. For Doppel, this Series C is not a finish line but a launchpad—a $70 million step forward in the ongoing battle to strengthen organizational resilience against evolving digital threats.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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