Funding news · Sep 11, 2026
FAZE Security Raises $6M Seed to Scale Agentic Red Team Platform
FAZE Security Secures $6M Seed Round
FAZE Security, formerly known as CYTRIX, has raised $6 million in Seed funding. The round was led by New Era Capital Partners, with participation from Lockstep. The funding closed on September 11, 2026.
What FAZE Security Does
FAZE Security provides an offensive security orchestration platform centered on an Agentic Red Team. The platform uses autonomous agents trained on proprietary attack data from thousands of white-hat hackers to continuously test web applications, APIs, and cloud environments within strict guardrails.
Its hybrid architecture combines deterministic rules with probabilistic AI agent swarming to discover and exploit novel exposures. The system then ranks findings by proven business impact, provides working proof and an assigned owner, and re-tests until remediation succeeds.
Market Traction
Operating from New York and Tel Aviv, FAZE Security serves 50 enterprise customers, including Fortune 500 security teams. Named customers include Hippo Insurance, Cellebrite, and Ourcrowd.
Acquisition Angle
The Seed investment positions FAZE Security to expand its agentic security orchestration capabilities. For acquirers in cybersecurity, the company offers a differentiated approach to continuous offensive testing that blends human-derived attack data with autonomous AI agents. Its enterprise customer base and dual headquarters in New York and Tel Aviv provide both market access and technical talent.
The involvement of New Era Capital Partners as lead investor and Lockstep as an additional backer signals early confidence in the company's orchestration model. As enterprises increasingly seek to automate red team functions and validate remediation at scale, FAZE Security's platform addresses a growing need for continuous, evidence-based security validation.