Posted by Alumni from TechCrunch
March 11, 2026
Kevin Mandia, who founded the cybersecurity startup Mandiant in 2004 and sold it to Google for $5.4 billion in 2022, has launched a new AI-native cybersecurity startup with what the company claims is a record-breaking funding round. The new outfit, called Armadin, has raised $189.9 million in combined seed and Series A funding led by Accel, with participation from GV, Kleiner Perkins, Menlo Ventures, 8VC, Ballistic Ventures, and the CIA's venture arm, In-Q-Tel, it said. The company claims the combined total is a record for a security startup at that early a stage, though it isn't disclosing its valuation. While other security startups have raised even slightly bigger Series A rounds, we couldn't find another one that did so out of the gate. In 2019, for example, password-management company 1Password and privacy compliance company OneTrust both raised $200 million in Series A funding. But 1Password was already 14 years old at the time and OneTrust was three years old and already in... learn more