Mate Security Raises $35M to Build an Open Foundation for AI Security Operations

Mate Security has raised $35 million in Series A funding as enterprises look for new ways to operate security teams against attacks moving at machine speed. Canaan Partners led the round, with participation from Insight Partners, Team8 and M12, Microsoft’s venture fund. All of Mate’s existing investors returned for the financing, bringing the cybersecurity company’s total funding to more than $50 million. The Series A arrives only eight months after Mate Security emerged from stealth with an…