Magnitude has emerged from stealth with $10 million in seed funding led by Ballistic Ventures to build an autonomous AI workforce for third-party risk management. Its AI agents continuously assess vendor exposure, govern AI agents across external ecosystems, and help organizations respond to third- and Nth-party risks at the pace of modern supply chain threats. #Magnitude #BallisticVentures #RamiHabal
Keypoints
- Magnitude raised $10 million in seed funding and came out of stealth.
- The company focuses on autonomous AI-driven third-party risk management.
- Its AI agents continuously assess vendor risks and validate data.
- The system identifies exposed vendors, products, agents, and dependencies after new vulnerabilities appear.
- Magnitude aims to secure third- and Nth-party ecosystems with continuous governance and remediation.
Read More: https://www.securityweek.com/magnitude-emerges-from-stealth-mode-with-10-million-in-funding/