Picnic Corporation announced on Tuesday that it has rebranded to VanishID and it has raised $10 million in funding.
VanishID has developed a solution designed to provide online protection to executives and employees. Similar to many other companies, it has started harnessing the power of AI, specifically agentic AI, to enhance its solution.
With its rebranding, the company also announced a new CEO Protection offering that is designed specifically for chief executive officers, to protect them against security and privacy risks.
VanishID’s executive protection offering, which also extends to executives’ families, includes continuous monitoring of the dark web for compromised passwords, detection of fake social media accounts, and identification of misconfigured websites, as well as data and fake profile takedown capabilities. The offering also includes malware protection for devices.
The employee protection offering includes continuous monitoring for exposed data and automated takedown capabilities.
VanishID announced raising $10 million in funding from Dell Technologies Capital, former Palo Alto Networks CEO Mark McLaughlin, Crosslink Capital, Rally Ventures, Energy Impact Partners, Bright Pixel, and LockStep Ventures.
The investment will be used for go-to-market initiatives and to extend product capabilities.
“CEOs, senior executives, and board members face a daunting challenge of being in the public eye yet trying to maintain their and their families’ privacy and security,” said McLaughlin. “VanishID is enabling those two priorities to not be in conflict with each other, which helps both organizations and individuals.”
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