Narrative intelligence specialist Blackbird.AI bags $28m

Blackbird.AI

Blackbird.AI, an AI-driven cybersecurity company specialising in narrative intelligence, has announced a new strategic funding round as it accelerates growth across enterprise and national security markets.

The company raised $28m in new funding, with participation from Ten Eleven Ventures, Dorilton Ventures, and cybersecurity industry leaders Dave DeWalt and Chris Young. The round brings Blackbird.AI’s total funding since inception to $58m.

Founded to help organisations understand and defend against narrative-based threats, Blackbird.AI develops AI-powered technology designed to detect and mitigate disinformation, misinformation and deepfake-driven campaigns. Its platform is increasingly being adopted by Global 2000 companies and national security organisations seeking protection from AI-generated narrative attacks that can cause financial, operational, reputational and physical harm.

The company said the new capital will be used to accelerate go-to-market efforts, deepen customer support capabilities and further enhance its AI-based narrative intelligence technology platform. This includes continued investment in product innovation as organisations face a rapidly expanding threat landscape driven by generative AI.

Blackbird.AI reported that its momentum has accelerated significantly over the past year, recording 118% year-on-year ARR growth and tripling customer logo wins. The company pointed to rising concern among enterprises and governments as the scale, speed and impact of narrative attack campaigns continue to grow. The World Economic Forum has identified misinformation and disinformation as the number one global risk for the second consecutive year, while Gartner has forecast a sharp increase in enterprise spending to counter such threats.

Gartner noted in a recent report that “By 2028, Gartner predicts enterprise spending on battling misinformation and disinformation will surpass $30 billion, cannibalizing 10% of marketing and cybersecurity budgets to combat a multifront threat.” In the same report, titled AI Vendor Race: Blackbird.AI Is the Company to Beat for Disinformation Narrative Intelligence, Gartner stated that “Blackbird.AI’s strong brand, defining thought leadership, industry-first feature expansion, and key partnerships make it the frontrunner in the disinformation narrative intelligence AI race.”

Blackbird.AI CEO and co-founder Wasim Khaled said, “The cost of narrative attacks has collapsed, and the consequences have exploded. Threat actors and nation states are operationalizing narrative warfare against countries, companies, and executives. Enterprises are losing clarity in decision-making due to AI-driven disinformation campaigns. Platforms are facing a massive risk of synthetic escalation. Agencies and cyber teams are scrambling for capabilities they cannot enable fast enough across a new threat attack surface.” He added, “With support from Ten Eleven Ventures, Dorilton Ventures, and cybersecurity executive leaders – Dave DeWalt and Chris Young, we will accelerate our leadership position in the market to enable our customers to win against this new threat vector.”

Dave DeWalt, CEO of NightDragon and former CEO of McAfee and FireEye, said, “Blackbird.AI stands at the forefront of narrative intelligence, offering a dominant approach to protecting organizations from this new threat of narrative-based disinformation attacks.” He added, “As we look out into the world today, it’s clear that Blackbird.AI’s technology is more essential than ever, providing impact and value to the most important organizations in the world.”

Chris Young, former Microsoft EVP Strategy and Ventures, said, “I have been involved in reviewing hundreds of investment decisions throughout my career that focus on innovative startups solving massive problems for cybersecurity teams and the companies they serve.” He added, “Blackbird.AI has uniquely innovated using AI to unlock new and differentiated insights for its customers. They have assembled the right team that’s driving true market momentum.”

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