TLDR:
- Alethea secures $20M in Series B funding for disinformation mitigation
- New investment brings total raised to $34M
Alethea, a leading technology company in disinformation detection and mitigation, has announced the successful closure of a $20M Series B funding round. The round was led by GV with participation from Ballistic Ventures and Hakluyt Capital. This new investment brings Alethea’s total funding to $34M and signifies investor confidence in the company’s vision, technology capabilities, and impact on creating a more secure digital environment.
Alethea’s flagship product, Artemis, is at the forefront of redefining early warning security risks by detecting cyber attacks, disinformation, misinformation narratives, and influence operations early on. The Series B investment will allow Alethea to scale sales and marketing efforts, expand the team, and enhance Artemis’ features to address evolving customer challenges.
The company recently released a report on new Russian interference tactics in the 2024 US Presidential Election, showcasing novel disinformation strategies aimed at dividing Americans and promoting Russian military objectives in Ukraine. Throughout the investigation, Alethea uncovered a network of accounts and websites linked to Russia’s military intelligence directorate, the GRU, posing as conservative voters and utilizing automated amplification to push counter-Ukraine messaging.
