Theory Ventures led a $37m Series B round in Dropzone AI.

Theory Ventures, an early-stage venture capital firm, led a $37m Series B round in Dropzone AI, a provider of AI SOC analysts, with participation from IQT, Madrona Venture, Decibel Partners, and Pioneer Square Labs. “Dropzone AI’s ability to autonomously triage and investigate security alerts with human-level reasoning is a game-changer in a market that’s overwhelmed by alert fatigue and attack frequency. At Madrona, we look for founders who are passionate about advancing their sector and have the technical ability to do so; Edward exemplifies this pairing of vision and acumen. We're proud to support him and the Dropzone team in building what modern security teams need to stay ahead," Vivek Ramaswami, Madrona Ventures Partner.