Tenex Raises $250 Million as AI Security Spending Accelerates

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Cybersecurity services startup Tenex raises $250M in funding

Tenex.ai Inc., a provider of managed threat detection and response services, today announced that it has raised $250 million in funding. Crosspoint Capital Partners led the Series B round with participation from Shield Capital and DeepWork Capital. The cash infusion comes about a year after Tenex’s launch. The company says that its contracted revenue, or […] The post Cybersecurity services startup Tenex raises $250M in funding appeared first on …

Tenex Raises $250 Million as AI Security Spending Accelerates

Cybersecurity startup Tenex has raised $250 million in new funding at a valuation exceeding $1 billion. According to a Tuesday (March 31) Bloomberg report, the fundraise signaled continued investor demand for artificial intelligence (AI) tools that can defend against automated cyber threats. The Sarasota, Florida-based company’s funding round was led by Crosspoint Capital, with participation from Shield Capital and DeepWork Capital. Th…

Sarasota cybersecurity firm raises $250M in funding

TENEX plans to add employees and accelerate its global expansion with the capital.