From Yahoo Finance: 2025-05-05 06:13:00

Doppel, an AI-powered social engineering defense platform, secures $35m in Series B funding at a $205m valuation. This investment, led by Bessemer Venture Partners, marks rapid growth since its Series A round. Total funds raised now at $54.4m with participation from 9Yards Capital, Sozo Ventures, and existing investors.

CEO Kevin Tian plans to enhance core products, meet enterprise demand, and develop a social engineering defense platform. Bessemer Venture Partners sees Doppel as a market leader for combating sophisticated cyber threats. Doppel Vision platform offers protection across various attack surfaces using AI and human analysis.

Doppel reports a 400% increase in enterprise customers and 90% rise in overall customer base since January 2024. Collaboration with OpenAI results in AI cybersecurity agent deployment, doubling operational efficiency. OpenAI startups head praises Doppel’s use of AI and domain expertise in transforming cybersecurity.

Doppel’s innovative approach to social engineering defense attracts $35m in funding, led by Bessemer Venture Partners. The company’s growth and product efficacy have positioned it as a market leader in combating cyber threats through AI-powered solutions. With increased investment, Doppel aims to expand its offerings and serve a growing demand for enterprise security solutions.

Read more: Social engineering defence company Doppel raises $35m