Outtake, which uses autonomous AI agents to help companies detect and remove cyberthreats, raised $40M led by Iconiq, after a $16.5M Series A in April 2025
Alex Dhillon spent almost five years at Palantir before leaving to build cybersecurity startup Outtake.
Context & Ripple Effects
Outtake’s $40M round follows its $16.5M Series A in April 2025, giving the company a materially larger base to pursue its autonomous-agent approach to cyberthreat detection and removal. Its founder’s prior Palantir tenure also places the company in a familiar enterprise-software talent pipeline.
The financing lands amid a growing set of AI-security vendors: Intezer raised a Series C for autonomous security operations, while Exaforce raised $75M to use agents against security-team busywork. The common thread is moving AI from alert generation toward operational security work.
First-order effects
- Outtake gains $40M, led by Iconiq, to fund the development and commercial deployment of its autonomous AI-agent cybersecurity product.
- Iconiq becomes a central financial backer of Outtake as the startup moves beyond the earlier Series A financing.
Second-order effects
- Outtake’s better-funded push raises pressure on adjacent AI-security vendors to show that agents can safely reduce investigation and remediation work, not merely identify threats.
- Enterprise buyers evaluating agentic security tools will have more vendors competing around automation outcomes, alongside offerings positioned around false-positive reduction and autonomous operations.
Third-order effects
- If these products prove reliable, security operations may shift from analyst-led alert handling toward software that executes bounded investigative and remediation workflows, increasing the importance of oversight and evaluation layers.
- The category could increasingly differentiate on trust, controllability, and integration into existing security operations rather than on AI detection claims alone.
The trend: Cybersecurity is becoming an early proving ground for agentic AI, with venture funding flowing to systems designed to take on operational security tasks rather than simply surface alerts.