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Bessemer Venture leads $70m series C in US cybersecurity Doppel
Doppel has raised US$70 million in a series C funding round led by Bessemer Venture Partners, with participation from Andreessen Horowitz, South Park Commons, and several new investors including George Kurtz, CEO of CrowdStrike.
Other new backers include NTT DOCOMO Ventures, Aurum Partners, and a group of athletes investing via the a16z Cultural Leadership Fund.
Doppel will use the funds to further develop its social engineering defense platform and expand go-to-market operations.
The company develops cybersecurity tools focused on defending organizations against social engineering attacks.
The round follows Doppel’s previous series B raise six months ago.
The company recently launched a Human Risk Management product, which features phishing simulation and AI-generated security training capabilities.
Doppel reports adoption among Fortune 500 companies across industries such as financial services, technology, and healthcare.
🔗 Source: Doppel
🧠 Food for thought
Implications, context, and why it matters.
Doppel raised $70M at a $600M+ valuation six months after Series B, and investors bet on social engineering defense after a 3x valuation jump
- Top VCs including Bessemer plus Andreessen Horowitz backed the round as Doppel posted 3x ARR YoY and grew its Fortune 500 customer count more than 5x in the past year 1.
- George Kurtz, CEO and founder of CrowdStrike, joined as a new investor. He cited Doppel’s traction with Fortune 500 enterprises as proof of demand for social engineering defense (SED) 1.
- Doppel worked with OpenAI to fine tune models using thousands of expert cybersecurity decisions to build an autonomous AI agent for AI native threat detection 1.
Security operations leaders should explore a partnership with Doppel to close gaps in multichannel threat response
- Chief information security officers (CISOs) at midmarket and enterprise companies can plug Doppel into Security Operations Center (SOC) tools for bidirectional sync and threat intel sharing without a stack overhaul 2. Supported tools include Elastic (log analytics), Splunk (log analytics), plus Tines (security automation) 2.
- Doppel covers 51 integrations across the channels where threats spread 1 2. Automated takedowns remove malicious domains, accounts, or content quickly 1 2. Attackers use AI to scale hyper personalized social engineering across social media, messaging apps, plus paid ads and the dark web 1 2.
- Early customers see results 1. A Fortune 500 agriscience company cut exposed executive personally identifiable information (PII) by 93% 1. That return on investment (ROI) case supports 2026 budget planning.
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