Security teams have trouble handling a daily flood of alerts. AI bots can help.
That’s the premise behind Dropzone AI, a Seattle-based startup that just raised a $37 million Series B round to fuel growth.
CEO Edward Wu said the fresh capital gives the company “capacity and optionality” as it pushes to stay ahead in what he calls the next billion-dollar battleground in cybersecurity.
Dropzone’s pre-trained AI security agents are designed to act as Tier‑1 SOC (Security Operations Center) analysts. They use large language models and handle repetitive tasks — investigating alerts and escalating incidents that need human review. The agents mimic the thought process and techniques of expert security analysts.
The idea is to help alleviate the pressure on security teams as cyber risks rise, and reduce the time needed to respond to threats.
Dropzone has more than 100 enterprise customers, from mid-size IT departments to managed security service providers. Clients include UiPath, Zapier, and others.
“This is kind of a needle-mover technology for a lot of different security teams,” Wu said.
Revenue more than doubled in Q2 compared to Q1, Wu said.
Wu said the system’s false‑negative rate is consistently below 1 percent, while false positives drop below 10 percent as the model learns each environment.
Dropzone faces growing competition from tech giants like Microsoft and Google, which offer their own autonomous SOC tools, as well as smaller startups.
Wu said Dropzone is the only company in its sector that offers a free “test drive” of its product without needing to talk to a salesperson.
“That has really helped us to show the maturity of our technology,” he said. “We’re not hiding our product behind closed-door demos.”
Earlier this year Dropzone rolled out a free browser extension tool called “Coach” that aims to give security analysts an AI co-worker in their browser.
Wu previously spent eight years at Seattle-based security company ExtraHop before launching Dropzone in 2023.
Theory Ventures led the Series B round. Madrona, Decibel Ventures, Pioneer Square Labs, and IQT also participated. Dropzone has 28 employees and is actively hiring.
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