Blackbird Secures $20 Million Investment to Expand Risk Management Tools

Date:

New York-based Blackbird AI has raised $20m in a Series B funding round led by Ten Eleven Ventures, with contributions from Dorilton Capital, Generation Ventures, StartFast Ventures and Trousdale Ventures, as well as angel investors. The risk intelligence firm, which uses algorithmic modelling to counter cyber information attacks, began building bespoke tools after the US Department of Defense used its algorithm to fight online propaganda. More recently, Blackbird shifted focus towards providing businesses with insights into competitors and key industry players. As yet, the company has not disclosed how many customers it has, although Blackbird CEO Wasim Khaled noted that the rise of disinformation has been good for his business.

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Frequently Asked Questions (FAQs) Related to the Above News

What is Blackbird AI?

Blackbird AI is a risk intelligence firm that uses algorithmic modelling to counter cyber information attacks and provide businesses with insights into competitors and key industry players.

How much funding did Blackbird AI raise in its Series B funding round?

Blackbird AI raised $20 million in its Series B funding round.

Who led the Series B funding round for Blackbird AI?

The Series B funding round for Blackbird AI was led by Ten Eleven Ventures.

Which other companies and investors contributed to the Series B funding round for Blackbird AI?

Dorilton Capital, Generation Ventures, StartFast Ventures, and Trousdale Ventures, as well as angel investors, also contributed to the Series B funding round for Blackbird AI.

What bespoke tools did Blackbird AI begin building after the US Department of Defense used its algorithm to fight online propaganda?

Blackbird AI began building bespoke tools to counter cyber information attacks after the US Department of Defense used its algorithm to fight online propaganda.

What has Blackbird AI's recent focus been towards?

Blackbird AI's recent focus has been towards providing businesses with insights into competitors and key industry players.

How many customers does Blackbird AI have?

As yet, Blackbird AI has not disclosed how many customers it has.

Why has the rise of disinformation been good for Blackbird AI's business?

Blackbird AI's business has benefited from the rise of disinformation as it provides tools to counter cyber information attacks.

Please note that the FAQs provided on this page are based on the news article published. While we strive to provide accurate and up-to-date information, it is always recommended to consult relevant authorities or professionals before making any decisions or taking action based on the FAQs or the news article.

Advait Gupta
Advait Gupta
Advait is our expert writer and manager for the Artificial Intelligence category. His passion for AI research and its advancements drives him to deliver in-depth articles that explore the frontiers of this rapidly evolving field. Advait's articles delve into the latest breakthroughs, trends, and ethical considerations, keeping readers at the forefront of AI knowledge.

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