AI cybersecurity startup Armadin valued at over $2.5 billion after new funding round

Armadin said on Thursday that it raised $255.5 million in a Series B funding round, which values the AI cybersecurity company at more than $2.5 billion.

Investors have poured large sums into early-stage startups building defenses against AI-driven cyberattacks.

Andreessen Horowitz and Accel co-led the round, joined by new investors Bain Capital Ventures and Redpoint as well as existing backers, including Google Ventures, Kleiner Perkins, Menlo Ventures and In-Q-Tel.