VanishID Secures $10M to Launch Digital CEO Protection with Innovative Agentic AI Cybersecurity Solutions

VanishID, a leading cybersecurity firm specializing in AI-powered executive protection, has officially rebranded from Picnic Corporation. This change accompanies the launch of their innovative CEO Protection service and the announcement of a significant $10 million funding round.

Funding and Investment Highlights

The funding round was spearheaded by Dell Technologies Capital and included contributions from prominent investors such as Mark McLaughlin, the former CEO and chairman of Palo Alto Networks. Other notable participants in this funding include:

• Crosslink Capital
• Rally Ventures
• Energy Impact Partners
• Bright Pixel
• LockStep Ventures

Innovative Solutions for Executive Protection

VanishID positions itself as a pioneer in the digital security landscape. Their platform offers an enterprise-grade, fully automated solution designed to protect executives and their families by eliminating personally identifiable information (PII) from the internet. Key features include:

• No user effort required
• No internal integration needed
• No reliance on PII input from end-users

This unique approach sets VanishID apart from traditional consumer-focused solutions.

CEO Protection Service Launch

The newly introduced CEO Protection service enhances VanishID’s existing Executive Protection tier. This service includes:

• Impersonation protection for personal devices and social media
• Coverage for up to 25 family members or close associates
• A Red Team Assessment analyzing both physical and digital threat vectors

Addressing Rising Security Concerns

With increasing worries surrounding digital exposure and targeted threats, VanishID’s offerings are particularly timely. According to their findings:

• Over 93% of C-Suite executives have their home addresses exposed online.
• A staggering 99.97% have experienced some form of data breach.

Such vulnerabilities pose significant risks to personal safety and organizational security.

Expert Insights on Cybersecurity

Raman Khanna, managing director at Dell Technologies Capital, emphasized the importance of addressing the gap between cybersecurity and employee safety, stating, “People represent the largest unprotected attack surface in any enterprise.” He highlighted the innovative nature of the VanishID platform, which offers a scalable enterprise-grade solution compared to traditional consumer options.

Mark McLaughlin echoed these sentiments, mentioning the challenges faced by CEOs and senior executives in balancing public visibility with privacy and security. “VanishID is enabling those two priorities to not be in conflict with each other, which helps both organizations and individuals,” he stated.

Future Plans and Vision

VanishID’s founder and CEO, Matt Polak, expressed gratitude for the support from seasoned investors and reaffirmed the company’s commitment to protecting enterprises and their executives from various threats linked to digital exposure. With the new funding, the company aims to accelerate its go-to-market strategy and boost its AI-driven capabilities.

For more information about VanishID and their offerings, visit their official website at VanishID.com.