Tenex.ai, an artificial intelligence cybersecurity startup, has raised $250 million in funding at a more than $1 billion valuation, the latest sign of investor demand for companies that use AI to combat cyber attacks.
Crosspoint Capital led the financing, with participation from Shield Capital and DeepWork Capital, Tenex is set to announce on Tuesday. The Sarasota, Florida-based startup has previously raised capital from Andreessen Horowitz.
The new funding coincides with