Doppel Secures $14 Million Investment with a16z to Revolutionize Brand Safety through Generative AI

A platform for brand protection driven by Generative AI Doppel Raised $14 million in funding, completing a Series A investment round led by a16z along with Strategic Cyber Ventures.

The funding round also included contributions from Frederic Kerrest, Vice Chairman and Co-Founder of Okta, Emilio Escobar, CISO at Datadog, Andy Ozment, CTO and Risk Officer at Capital One, Prafulla Dhariwal, a Research Scientist at OpenAI, and several other investors, including South Park Commons and SVAngel.

Doppel is committed to shielding brands and organizations from external dangers like impersonation, misinformation, and massive counterfeiting schemes. phishing It offers a variety of solutions crafted to tackle these issues, including seamless integration with different platforms, such as social media and domain registrars, to ensure extensive data collection and the automation of alert responses. The platform also prioritizes forming strategic partnerships with multiple platforms, enabling them to take a proactive stance in addressing possible threats.

Doppel has stated its intention to allocate the recently acquired funding towards Research and Development (R&D) initiatives, aiming to improve automation and intelligence capabilities across platforms like the dark web, social media, and paid advertising avenues. The platform also intends to bolster its core operational and Go-To-Market (GTM) teams. digital risks Moreover, the company is taking an innovative stance on managing digital risks by harnessing the cutting-edge AI technology available. This approach significantly improves the effectiveness of detection, optimizes internal processes for takedown operations, and compiles intelligence on external threats across the internet.

Founded in 2022 by ex-Uber software engineers Kevin Tian and Rahul Madduluri, Doppel now serves a wide array of businesses across multiple sectors.

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The Rise of Generative AI Sparks an Increase in Cyber Threats Coinbase , ARK Invest, and VSCO among others. 

The progression of generative AI has revolutionized what was once a tedious process for hackers into a highly automated and scalable operation. This development has shifted a previously rare type of attacks into a common occurrence seen on a daily basis. Airdrops Calendar .

According to a cybersecurity report from Trend Micro, the upsurge in generative AI tools is expected to lead to a rise in advanced social engineering tactics and identity theft cases in 2024.

Recently, cybercriminals, using email addresses that mimic prominent Web3 and media firms like WalletConnect, Token Terminal, and Cointelegraph, were able to

deceive unsuspecting victims via hacking and phishing schemes. highlights With minimal effort, attackers can convincingly duplicate images, voices, and even speech traits. This counterfeiting issue extends beyond individuals, aiding in the creation of fake merchants, phony product reviews, and other elements within the online ecosystem.

While numerous services have traditionally handled takedown requests, their efficacy has been limited. These solutions often rely on a labor-intensive blend of security teams and legal staff manually reviewing information, followed by a prolonged process to eliminate unwanted content. The current methods for managing such challenges frequently underperform in terms of efficiency and impact. illicitly obtain over $580,000 With this new funding, Doppel is poised to redefine brand security, capitalizing on generative AI capabilities to confront digital hazards and strengthen organizations against emerging risks.

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Alisa, a passionate journalist at Cryptocurrencylistings, focuses on cryptocurrency, zero-knowledge proofs, investments, and the vast landscape of Web3. With an insightful understanding of emerging trends and technologies, she provides in-depth coverage to keep readers informed and engaged in the continually evolving world of digital finance.

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