FAZE Security has emerged from stealth with $6 million in seed funding led by New Era Capital Partners, with participation from Lockstep VC. The New York-based cybersecurity company is building an offensive security orchestration platform powered by autonomous AI agents.

Unlike most seed-stage startups, FAZE is not launching with a prototype. The company says it already works with about 50 enterprise customers, including several Fortune 500 companies, and has grown annual recurring revenue roughly 20X over the past 18 months.

Attacking Like a Hacker

FAZE's platform runs what it describes as autonomous agentic red teaming. Its AI agents are trained on proprietary attack data gathered from white-hat hackers, and they continuously probe web applications, APIs and cloud environments the way a real attacker would.

The key distinction is proof. Many security tools generate long lists of theoretical risks and severity scores, leaving teams to guess which ones matter. FAZE's agents attempt to simulate actual exploits, showing which weaknesses can be used to break in and which are noise.

That approach targets one of the biggest pain points in enterprise security: alert fatigue. Security teams are overwhelmed with findings and short on the staff needed to validate them, and traditional penetration tests happen only periodically while applications change constantly.

A Rebrand and a Launch

The company previously operated under the name CYTRIX before stepping out publicly as FAZE Security alongside the funding announcement, according to The SaaS News.

Its lead investor, New Era Capital Partners, recently closed a $120 million fund aimed at Israeli-founded startups, per CTech, adding FAZE to a portfolio focused on companies building for global markets.

What Comes Next

FAZE plans to use the seed capital to support continued growth and expand the capabilities of its offensive security orchestration platform as it moves from stealth into a more visible go-to-market push.

The timing fits a broader shift in the industry. As attackers adopt AI to find and exploit vulnerabilities faster, defenders are turning to AI agents that can test systems continuously instead of waiting for the next scheduled audit. A wave of startups is now competing to automate the work of human red teams and penetration testers.

For buyers, the promise is fewer false alarms and faster fixes. When a platform can demonstrate that a vulnerability is exploitable, security and engineering teams have a clearer case for prioritizing it, and less time is wasted debating findings that pose little real risk.

Continuous testing also matters as companies ship code more often. An application that passed last quarter's penetration test may look very different after weeks of new releases, integrations and cloud configuration changes, and every one of those changes can open a new path for attackers that a point-in-time assessment would miss.

With revenue traction already in hand and Fortune 500 logos on its customer list, FAZE enters that race with more proof points than most companies at the seed stage.

Source

PR Newswire — "FAZE Security emerged from stealth today with 50 enterprise customers"