Alethea Raises $20M in Funding to Expand Disinformation Detection Technology
Alethea Raises $20M in Series B Funding
Alethea's Series B Funding
Key Highlights:
- Series B Funding: Alethea, a technology company specializing in disinformation detection and mitigation, raised $20 million in Series B funding.
- Total Funding: The funding round brings the total amount raised by Alethea to $34 million.
- Investors: GV led the funding round, with participation from Ballistic Ventures and Hakluyt Capital.
Alethea's Target Market
- Target Market: Fortune 500 companies, private companies, and nonprofits seeking protection from disinformation and online threats.
- Organizations with Online Presence: Companies and organizations with an online presence, including social media platforms, websites, and online communities.
- Communications, Risk, and Security Teams: Teams responsible for managing communications, risk assessment, and security measures within organizations.
What Alethea Needs to Buy
- Sales and Marketing Support: Services to scale sales and marketing efforts, reaching a wider customer base and increasing brand awareness.
- Team Expansion: Hiring new team members to support new functions and expand existing functions, such as product development and customer support.
- Product Enhancement: Investing in research and development to enhance features and capabilities, providing tailored solutions to address evolving customer challenges.