Alethea Secures $20M in Series B Funding

April 11, 2024, 3:35 pm
Alethea
Total raised: $20M
Alethea, a tech company based in Washington, DC, specializing in disinformation detection and mitigation, has raised $20M in Series B funding. This round, led by GV, with Ballistic Ventures and Hakluyt Capital participating, brings their total funding to $34M. The company plans to use the funds to expand sales and marketing efforts, grow their team, and enhance their capabilities to address evolving customer challenges.

Alethea, under the leadership of Lisa Kaplan, offers a multi-channel machine learning platform called Artemis. This platform detects disinformation narratives across the internet, allowing customers to proactively defend against threats to their reputation, assets, safety, and market value. By analyzing billions of data points from various sources and languages, Artemis provides a comprehensive view of adversaries and their tactics.

Lisa Kaplan emphasizes the shift from passive listening to active risk management with Artemis. Customers have been able to detect threats early, inform mitigation responses, and protect themselves from sophisticated adversaries. The Series B funding will enable Alethea to reach more organizations, expand their team, and enhance Artemis' features to meet customer needs.

Investors like GV and Ballistic Ventures recognize the importance of Alethea's technology in combating disinformation and protecting digital environments. With the rise of AI-driven social information, Alethea's innovative approach is crucial for safeguarding companies from the impacts of disinformation campaigns and social media manipulation. The company's dedication to empowering customers in the fight against disinformation has garnered strong support from investors.

In a world where disinformation is as dangerous as malware, Alethea's mission to protect corporations, individuals, and democracy itself is more critical than ever. Their continued investment in innovative technology reflects confidence in Alethea's ability to combat disinformation and secure our digital future.