Frame Security launches with $50 million in funding to combat AI-powered social engineering attacks targeting employees

Frame Security, a New York and Tel Aviv-based cybersecurity startup, launched publicly with $50 million in funding led by Index Ventures, Team8, and Picture Capital. Wiz CEO Assaf Rappaport and Elad Gil also participated.

The platform creates AI-generated simulations and training based on how employees actually work, including voice-cloned calls from the CEO, videos, or attacks mentioning open positions or company events. CEO Tal Shlomo stated that traditional phishing emails are diminishing because 'attackers and adversaries now know your company very well and in detail.'

Frame already has between 20 to 30 customers, mostly large U.S. enterprises including AlphaSense and Louis Dreyfus Company, with customers signing three-year contracts ranging from mid-five figures to mid-six figures. The global security awareness training market is projected to exceed $10 billion by 2027, while around 90% of data breaches still involve the human element despite nearly 96% of organizations providing some form of security awareness training.