• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
AItech investments

Exclusive: Bain and Greylock bet $42 million that AI agents can finally fix cybersecurity’s messiest bottleneck

Lily Mae Lazarus
By
Lily Mae Lazarus
Lily Mae Lazarus
Reporter, News
Down Arrow Button Icon
Lily Mae Lazarus
By
Lily Mae Lazarus
Lily Mae Lazarus
Reporter, News
Down Arrow Button Icon
February 18, 2026, 10:04 AM ET
all three cogent founders smiling
Cogent says its customers are fixing their most serious security problems an average of 97% faster.Courtesy of Cogent

Cogent Security has raised a $42 million Series A just six months after launch. Their bet? That AI agents can finally fix one of cybersecurity’s most persistent bottlenecks: the grind between detecting software vulnerabilities and actually remediating them. The round, led by Bain Capital Ventures with Greylock and Definition participating, brings total funding to $53 million.​

Recommended Video

For Bain partner and former Symantec CEO Enrique Salem who led the round, this is the culmination of a several-year courtship of founder and CEO Vineet Edupuganti. “We’ve known him from pre‑founding the company,” Salem told Fortune. “This wasn’t necessarily his first starting idea, but they’ve proven an ability to deliver against what we’re working on.”​

The problem is familiar—and stubborn. In 2025, more than 48,000 new common vulnerabilities and exposures in software were reported, a 162% jump from five years prior, even as attackers increasingly use AI to probe fresh bugs within minutes of disclosure. “There are more vulnerabilities than you’ll ever be able to remediate or imagine,” Salem says. “The Holy Grail is, how do you figure out what to remediate because you’ll never remediate everything.”​

Greylock partner Saam Motamedi, who led Cogent’s $11 million seed, says the company has since built “one of the strongest AI teams in cybersecurity.” Both Edupuganti and fellow co-founder Geng Sng came from Abnormal Security, where Edupuganti led product strategy and Sng built the ML fraud detection system that protects half the Fortune 500. Cogent’s third co-founder, Thanos Baskous led infrastructure at Coinbase, where he was in charge of large-scale vulnerability remediation. The current Cogent team also  includes hires from Google’s Gemini/DeepMind, Tesla, and Stripe, and already runs its platform in production “across large Fortune 500 enterprise environments.” That traction, Motamedi argues, is “incredibly rare” for a company at this stage.

Cogent doesn’t replace existing security tools—it sits on top of them. It connects to the scanners companies already use, to internal asset lists like those in ServiceNow, and to data from cloud and endpoint security tools.“We aggregate insights from all those signals, make sense of it, determine what to do, and then push action through the hands and the feet,” Edupuganti told Fortune, referring to integrations with ticketing and patching systems.​

Finding these vulnerabilities isn’t the hard part, according to Edupuganti. Instead the issue lies in assigning ownership of solutions. Security teams, Edupuganti adds, are “drowning in coordination work—chasing down system owners, writing tickets, proving fixes happened. We built AI agents that handle that work end‑to‑end, so security teams can finally keep pace with attackers.”​

Cogent says its customers are fixing their most serious security problems much faster—reducing the time those high‑risk bugs stay active by about 97% on average. Many start cautiously, letting Cogent automate investigation, prioritization, and routing while humans retain the final remediation step: “Given all the context of my environment, tell me exactly who needs to do what by when, and let that person go do the work,” Edupuganti says. Over time, some customers grant full autonomy in safer development environments, gradually expanding “slices of autonomy.”

Motamedi argues Cogent isn’t just slapping generic AI on security problems. Instead, it has built specialized AI that deeply understands one specific job—sorting through and acting on software vulnerabilities.. Security teams arrive each day to “thousands or millions of vulnerabilities” and a queue of tickets requiring judgment and execution, he says. Cogent ingests sensor data, builds a prioritized view based on business context, then uses models from Anthropic and OpenAI to help write the code that actually remediates issues.​

That promise comes with a hard constraint: no black boxes. Cogent says it’s designed for big, regulated companies that need tight controls. In practice, that means every AI action can be tracked and replayed, and it only runs within clear, customizable approval rules set by the customers. “You have to really make it clear for every decision that an agent is making, why is it making that decision, what’s the impact,” Edupuganti says, adding that the product surfaces explanations and confidence levels so customers can “inspect it and then choose when they want to make the full plunge” into autonomy.

Motamedi describes the design target as a spectrum: in best‑case scenarios, Cogent “completely obviates the need for the human” on a specific vulnerability; in others, it makes a vulnerability engineer “10 times as productive” by pre‑triaging and doing the heavy lifting so they only handle the last 10 percent.​

Cogent’s timing is keyed to moments like Log4j—a massive security flaw discovered in late 2021 in a very common piece of software used all over the internet—which Edupuganti calls a “watershed” that exposed how hard it was for enterprises even to locate their exposure, let alone fix it. “Most instances of Log4j are not remediated,” he says. “The biggest challenge that people have is they just don’t know where the thing was and who should fix it,” a gap he expects to widen as zero‑days (when hackers release malware to exploit software vulnerabilities before a software developer has patched a flaw) increase.​​

Since launching in July 2025, Cogent says it is already working with dozens of Fortune 1000 and Global 2000 enterprise customers, with a 10x increase targeted this year. With the new capital, the company plans to expand beyond vulnerability management to other security operations and IT automation workloads, while quadrupling its go‑to‑market team to push deeper into the enterprise.

For Salem, who estimates he sees 400–500 AI‑security decks a year, Cogent stood out because Edupuganti led with the problem, not the model. “What Vineet did is he said, let me explain the problem. What am I solving? And why does it matter?” he says. If the bet pays off, Salem already has his dream headline: “Software is now secure.”​

In 2001, Fortune first convened “The Smartest People We Know,” bringing together CEOs and founders, builders and investors, thinkers and doers. Since then, Fortune Brainstorm Tech has been the place where bold ideas collide. From June 8–10, we will return to Aspen—where it all began—to mark 25 years of Brainstorm. Register now.
About the Author
Lily Mae Lazarus
By Lily Mae LazarusReporter, News

Lily Mae Lazarus is a news reporter at Fortune.

See full bioRight Arrow Button Icon

Latest in AI

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Lists Calendar
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Lists Calendar
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in AI

The Godmother of Silicon Valley and her former student want to fix how healthcare gets built
NewslettersTerm Sheet
The Godmother of Silicon Valley and her former student want to fix how healthcare gets built
By Allie GarfinkleApril 22, 2026
2 hours ago
parson
AIVenture Capital
Europe has the talent and dunding to win at AI. First, it needs to break free from the Magnificent Seven
By Pär-Jörgen PärsonApril 22, 2026
4 hours ago
Christian Weedbrook standing in an office wearing a black jacket.
AIchief executive officer (CEO)
Meet the film school dropout who became a billionaire quantum computing CEO in days thanks to Nvidia
By Sasha RogelbergApril 22, 2026
5 hours ago
A group of people at a boardroom table, with one person standing
C-SuiteStrategy
Boards say the C-suite owns the AI strategy. The C-suite doesn’t agree
By Amanda GerutApril 22, 2026
5 hours ago
Palantir published a mini manifesto calling some cultures ‘harmful and middling’ and said Silicon Valley has ‘a moral debt’ to the U.S.
AIchief executive officer (CEO)
Palantir published a mini manifesto calling some cultures ‘harmful and middling’ and said Silicon Valley has ‘a moral debt’ to the U.S.
By Marco Quiroz-GutierrezApril 22, 2026
5 hours ago
James Uthmeier
LawOpenAI
Florida launches criminal probe into OpenAI to see if ChatGPT is responsible for fatal Florida State shooting
By Mike Schneider and The Associated PressApril 21, 2026
16 hours ago

Most Popular

$166 billion in tariff refunds just became available, but small businesses may already be at a disadvantage
Law
$166 billion in tariff refunds just became available, but small businesses may already be at a disadvantage
By Sasha RogelbergApril 20, 2026
2 days ago
Jeff Bezos once gave Eva Longoria and the admiral behind Osama bin Laden's capture $100 million—but she says you don't need wealth to give back
Success
Jeff Bezos once gave Eva Longoria and the admiral behind Osama bin Laden's capture $100 million—but she says you don't need wealth to give back
By Orianna Rosa RoyleApril 21, 2026
1 day ago
'Something sinister could be happening': FBI looks into dead or missing nuclear and space defense scientists tied to NASA, Blue Origin, and SpaceX
Politics
'Something sinister could be happening': FBI looks into dead or missing nuclear and space defense scientists tied to NASA, Blue Origin, and SpaceX
By Catherina GioinoApril 21, 2026
17 hours ago
The tables have turned: Florida and Texas are the biggest losers in the housing market as Ohio emerges a surprise winner
Real Estate
The tables have turned: Florida and Texas are the biggest losers in the housing market as Ohio emerges a surprise winner
By Sydney LakeApril 21, 2026
18 hours ago
Tim Cook's exit is part of a CEO reckoning sweeping Corporate America
Newsletters
Tim Cook's exit is part of a CEO reckoning sweeping Corporate America
By Diane BradyApril 21, 2026
1 day ago
John Ternus, the man stepping into Tim Cook and Steve Jobs' shoes, is a 25-year Apple veteran with zero LinkedIn posts
C-Suite
John Ternus, the man stepping into Tim Cook and Steve Jobs' shoes, is a 25-year Apple veteran with zero LinkedIn posts
By Kelvin Chan and The Associated PressApril 21, 2026
20 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.