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Data Center News > Blog > Investments > Mindgard Raises $8M in Funding
Investments

Mindgard Raises $8M in Funding

Last updated: December 21, 2024 5:51 pm
Published December 21, 2024
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Mindgard Raises $8M in Funding
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Mindgard

Mindgard, a London, UK-based firm which makes a speciality of securing AI, raised $8M in funding.

The spherical was led by .406 Ventures with participation from Atlantic Bridge, Willowtree Investments and current buyers IQ Capital and Lakestar.

The corporate intends to make use of the funds to speed up R&D and its growth into the U.S. 

Led by Dr. Peter Garraghan, CEO, Mindgard offers an Synthetic Intelligence Safety Testing platform which permits organizations to safe their AI techniques from new threats that conventional software safety instruments can not tackle. Its Dynamic Software Safety Testing for AI (DAST-AI) answer delivers steady safety testing and automatic AI pink teaming throughout the AI lifecycle, making AI safety actionable and auditable. The answer integrates into current automation, empowering safety groups, builders, AI pink teamers and pentesters to safe AI.

The brand new executives, Dave Ganly, a former Director of Product at Twilio, and Fergal Glynn, who most lately served as CMO at Subsequent DLP (acquired by Fortinet), will play a job within the firm’s product improvement and drive Mindgard’s growth into the North American market with a management presence in Boston. 

FinSMEs

20/12/2024

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See also  A $1.23 Billion Market by 2029, Growing at a CAGR of 27.97%
TAGGED: Funding, Mindgard, Raises
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