Guardio Raises $80M to Combat AI-Generated Malicious Code as Company Hits $100M Revenue
Summary
Cybersecurity firm Guardio secures $80 million in funding to combat the rising threat of AI-generated malicious code, reaching $100 million in annual revenue with 500,000 paying users as artificial intelligence creates new security vulnerabilities across digital platforms.
Key Points
- Guardio raises $80 million from ION Crossover Partners to expand its cybersecurity platform that detects malicious code created with AI tools
- The company partners with Lovable to scan AI-generated websites for security threats after reports revealed vulnerabilities in sites built on the platform
- Guardio reports reaching $100 million in annual recurring revenue with 500,000 paying users while tripling its valuation since 2021