Tuesday, August 22, 2017

Versive Finds $12.7M For Cybersecurity Software

Seattle-based Versive, a developer of artificial intelligence tools for the cybersecurity market, said on Tuesday afternoon that it has raised $12.7M in a funding round. The funding came from Goldman Sachs, Madrona Venture Group, Formation 8, and Vulcan Capital, who are all existing investors in the company. Versive, led by CEO Joe Polverari, says it uses artificial intelligence to automate human expertise, to help highlight critical threats in networks.