
Security Company Raises $120M to “Completely Forget About Security,” Rebrands as AI Monetization Platform
"I asked our SOC team what we could automate, and ChatGPT said 'everything,'" explained CEO Bill Vale, whose company just raised $120M to pivot from threat detection to what investors are calling "AI-driven insurance denial." The firm's new flagship product, MalGPT, helps customers understand attacker techniques by actually deploying them in production.

