Protect AI, a Seattle, WA-based synthetic intelligence (AI) and machine studying (ML) safety firm, raised $60M in Collection B funding.
The spherical was led by Evolution Fairness Companions with participation from 01 Advisors, StepStone Group, Samsung, and present traders Acrew Capital, boldstart ventures, Knollwood Capital, Pelion Ventures, and Salesforce Ventures.
The corporate, which has raised a complete of $108.5M, intends to make use of the funds to boost its AI safety posture administration platform, broaden buyer success and gross sales assets, advance R&D, and strengthen channel applications.
Shield AI empowers organizations to safe their AI purposes with complete AI Safety Posture Administration (AI-SPM) capabilities, enabling them to see, know, and handle their ML environments successfully. The Shield AI Platform gives end-to-end visibility, remediation, management, and governance, safeguarding AI/ML programs from safety threats and dangers. The Shield AI safety posture administration (AI-SPM) platform is now utilized by personal and public sector prospects to safe conventional ML fashions, LLMs, ML programs, and AI purposes.
To additional help prospects in securing their AI environments and GenAI purposes, Shield AI acquired SydeLabs previous to the funding and shutting of its Collection B funding spherical.
The corporate is headquartered in Seattle, with workplaces in Berlin and Bangalore.
FinSMEs
01/08/2024
