02-06-2025
F5 acquires Fletch, a San Francisco cybersecurity startup that helps companies flag threats
Seattle-based application delivery and security giant F5 has acquired Fletch, a San Francisco startup founded in 2020 that uses AI to help companies spot threats and reduce alert fatigue. Terms of the deal were not disclosed.
F5 will integrate Fletch's 'agentic AI capabilities' into its platform, according to a blog post. 'This is a big leap forward for intelligent, AI-native security,' said Kunal Anand, F5 chief innovation officer.
Fletch raised $12.5 million two years ago in a Series A round led by True Ventures.
Fletch CEO Grant Wernick co-founded the company with Jacob Perkins, who departed in 2023. They previously started Insight Engines and Weotta.
'By leveraging AI and years of natural language processing know-how, we help organizations translate complex data into clear, human-readable tasks, enabling faster and smarter decision-making,' Wernick said in the blog post.