Introducing Fable: Greylock's Saam Motamedi & Corinne Riley Chat with CEO Nicole Jiang

Core Problem & Solution - Fable Security addresses the critical issue of human error in cybersecurity, which is a leading cause of breaches, especially with the rise of AI-driven attacks [2][3] - Fable Security offers an AI-first human risk platform that understands human vulnerabilities and deploys personalized behavioral interventions to reduce human errors and improve overall organizational security [3][10] - The company shifts the focus from traditional security awareness training to human risk management, providing more relevant and effective protection for employees [5][7] Product & Technology - Fable Security uses AI to understand customer risk at scale and deliver personalized interventions to end-users, addressing specific organizational hot pockets [10] - The platform proactively briefs campaign staffers on the latest breaches and ensures devices are up-to-date, preventing iOS and Android attacks [11] - Fable is constantly monitoring the latest attack techniques, even before security teams have the tools to spot them [5] Customer Impact & Adoption - Fable Security protects enterprises across various sectors, including financial services, healthcare, technology, logistics, manufacturing, and energy [9] - Customers have observed radical results compared to traditional security awareness programs, with employees demonstrating less repeat offending behavior, such as clicking on fewer links and downloading fewer attachments [9][10] - The Democratic National Committee (DNC) used Fable to proactively brief campaign staffers and secure their devices during the election [11] Investment & Growth - Fable Security raised $31 million in its first year [13] - The company is planning to scale the team significantly [14] - Fable offers a unique opportunity for AI developers to apply their knowledge to solve the challenging problem of understanding and influencing human behavior for the better [14]