US-based cybersecurity technology developer Jask has emerged from stealth with $12m in a series A round co-led by Dell Technologies Capital, the corporate venture capital subsidiary of computer manufacturer Dell Technologies.
Dell Technologies Capital co-led the round with venture capital firm TenEleven Ventures, while Battery Ventures and Vertical Venture Partners also contributed capital.
Jask has built a software platform that uses artificial intelligence and machine learning to rank threats according to severity so understaffed cybersecurity companies can prioritise their responses.
The company plans to use the money to recruit more data scientists, accelerate product development and target specific avenues within machine learning research.
Deepak Jeevankumar, managing director at Dell Technologies Capital, will join Jask’s board of directors in connection with the latest round, along with Mark Hatfield, managing partner at TenEleven Ventures.
Battery Ventures had previously led a $2m seed round for Jask in February 2016 that included Vertical Venture Partners and undisclosed angel investors.