What Happened
New Defense Tech Startup Targets Military Cybersecurity Contracts
Cathedral, a newly formed defense technology startup, has raised $160 million at a $1.4 billion valuation to develop AI-powered cybersecurity capabilities for military and national security applications. The company, founded by former Department of Government Efficiency employees, aims to secure U.S. government contracts for its technology. Cathedral’s funding was led by Andreessen Horowitz and Sequoia Capital, with representatives from both firms taking seats on the company’s board. This development was first reported by Reuters.