AI security startup Neo completes $100 million funding, led by a16z and Bessemer Venture Partners

According to GlobeNewswire, AI security startup Neo announced the completion of a $100 million financing round, led by venture capital firms Andreessen Horowitz (a16z) and Bessemer Venture Partners, with participation from Craft Ventures and Merlin Ventures.

It is reported that the company positions itself as an "Agentic Software Control" company, dedicated to building a real-time control layer for enterprises, helping security operations teams (SecOps) manage and protect the rapidly proliferating AI agents, AI applications, browsers, identity systems, and intelligent capabilities in traditional software. The new funds will be used to expand the engineering and marketing teams and accelerate the expansion of enterprise customers.