Cybersecurity Firm Reclaim Security Raises $26M
New York-based Reclaim Security has raised $26 million to tackle the "27-day remediation gap" — the average time between when a security breach is found and when it's fixed. The company is using AI-powered tools to develop "Preemptive Defense" systems that neutralize threats before they can escalate.
The latest funding round was a $20 million Series A led by Acrew Capital, with participation from Ibex Investors and QP Ventures. This brings the company's total capital raised to $26 million since its founding in 2024. The new funds are earmarked for expanding the engineering team and accelerating go-to-market initiatives across North America and Europe. Reclaim Security was founded by CEO Barak Klinghofer, who previously sold Hexadite to Microsoft, and Chief Product Officer Roy Peretz, who sold WhiteBox Security. The founding team also includes VP Engineering Yaniv Waksman and VP Research Or Virnik. The company currently employs around 30 people, with the majority (25) based in Israel. The company's core technology is an "AI Security Engineer" featuring a Productivity Impact Prediction Engine (PIPE™). This system simulates the operational and business impact of security changes before they are deployed, aiming to prevent disruption to applications, workloads, and user productivity. This simulation-first approach is designed to counter what the CEO calls the "Remediation Mirage," where teams fear that applying a fix could break critical business operations. This investment comes as overall 2024 venture funding for cybersecurity rose to $9.5 billion, a 9% increase from 2023, though the number of deals decreased. The market is seeing a trend of larger investments in more mature companies, with over half of the total dollars raised going to later-stage rounds. Early adopters of Reclaim's platform in sectors like financial services and healthcare have reported a 90% reduction in manual remediation efforts. Preemptive defense is a growing strategy focused on neutralizing threats before they can be executed, shifting away from traditional detect-and-respond models. This approach uses predictive analytics and proactive controls to mitigate risks early in the cyber kill chain. Gartner projects that adoption of preemptive cyber defense solutions will increase from 5% to 35% by 2028. The need for such tools is underscored by a widening exposure management gap, with 82% of companies reporting an increase in security exposures beyond their ability to manage them. This is compounded by a persistent cybersecurity skills shortage, which contributed to a $1.76 million increase in average data breach costs for understaffed organizations, according to a 2024 IBM report. Furthermore, a record 40,009 new vulnerabilities were published in 2024.
