Amazon Discreetly Acquires Start-up Harvest.ai

Amazon’s cloud services group recently, and discreetly, acquired AI security firm harvest.ai. A tipster told TechCrunch that the acquisition was a $19 million affair The cyber security firm uses machine learning and artificial intelligence to stop targeted attacks before critical customer data can be compromised. The patent-pending AI device, MACIE Analytics, learns how a user’s intellectual property is accessed in real-time in order to identify and flag suspicious behavior. The start-up presents this service as a way to stop insider attacks before they happen.

The purchase has not been confirmed by either Amazon or harvest.ai, but several articles of evidence provide support for the speculation. It is not a secret that the start-up has been acquired, as investors confirm as much in their portfolios. Trinity Ventures, a seed investor, lists havest.ai as ‘acquired’ on its portfolio but does not disclosure the identity of the buyer. Kelly Perdew of Moonshots Capital, another seed investor, lists the start-up as ‘acquired by undisclosed’.

Co-founders and developers of harvest.ai indirectly confirm the identity of the buyer through their networking and lifestyle changes. The LinkedIn profiles of several former harvest.ai software developers list Amazon Web Services as their current employers. Anna Zelenak and Alex Watson, married couple and two of the three co-founders of harvest.ai have recently relocated to Seattle, in proximity to Amazon’s headquarters. Jenny Brinkley, the third co-founder, lists Amazon as her employer on a political fundraising page.

Previously, Amazon Web Services featured harvest.ai in its ‘startup spotlight’ series. The series provides a public platform for entrepreneurs who aim to scale their businesses with limited funding.  The acquisition of harvest.ai fits into Amazon’s recent move into the security sphere of cloud services. At the launch of the Amazon AI platform, Amazon Web Services CEO confirmed this trajectory, “We do a lot of AI in our company. We have thousands of people dedicated to AI in our business.”

About News Team

Hi, I'm Alex Perez, an experienced writer with a focus on lifestyle and culture news. From food and fashion to travel and entertainment, I love exploring the latest trends and sharing my insights with readers. I also have a strong interest in world news and business, and enjoy covering breaking stories and events.

Have a tip we should know? tips@rhd.news

Uncategorized

Most Read

  1. ARTS
    With a Vengeance and no Apologies, Art Basel Miami Beach Has Returned
    2 years ago
  2. Food
    Is Faux Turkey Finally Vegan-Approved for Thanksgiving?
    2 years ago
  3. News
    Pandora Papers Financial Leak Shows Us the Secrets of the World’s Rich and Powerful
    2 years ago
  4. Health
    US Supreme Court Rejects J & J TALC Cancer Case Appeal
    2 years ago
  5. Lifestyle
    9 Habits that Drain your Daily Focus and How to Avoid Them
    2 years ago
  6. BUSINESS
    Women’s Demand for Shapewear – the big Trends
    2 years ago
  7. BUSINESS
    Valentino Launches its Cosmetics Line
    2 years ago
  8. Business
    McDonald’s Sales Increase Amid COVID Restrictions
    2 years ago
  9. Health
    US Promises to Share 60 million Doses of AstraZeneca Vaccines
    2 years ago
  10. coronavirus
    UK Offers Aid Amid Surging COVID-19 Cases in India
    2 years ago
  11. Entertainment
    Nomadland Director Chloé Zhao, Wins the Best Director in 2021 Oscar
    2 years ago
  12. BUSINESS
    Detroit Three under pressure to progress UAW talks, avoid wider auto strikes
    5 mins ago
  13. WORLD
    Ukraine’s Zelenskiy meets US lawmakers at Capitol to address skeptical Republicans
    6 mins ago
  14. Media & Telecom
    WWE to bring back ‘SmackDown’ to NBCUniversal’s USA Network
    6 mins ago
  15. BUSINESS
    Bank of England halts run of interest rate hikes as economy slows
    1 hour ago
  16. WORLD
    Karabakh Armenians seek promises before giving up weapons to Azerbaijan
    1 hour ago
  17. Soccer
    Tottenham improvement under Postecoglou faces acid test at Arsenal
    1 hour ago
  18. BUSINESS
    Cisco beefs up cybersecurity play with $28 bln Splunk deal
    2 hours ago

Follow @rushhourdaily: