A British startup called Harmonic Security has attracted $7 million in seed-stage investment to build technology to help secure generative AI deployments in the enterprise. Harmonic, based in London and San Francisco, said it is working on software to mitigate against the ‘wild west’ of unregulated AI apps harvesting company data at scale. The company […]
Darwinium, a San Francisco startup in the fraud prevention space, has nabbed $18 million in new capital to build technology to help businesses deal with the deluge of bots, scams and online abuse. The company, which has roots in Australia, said the $18 million Series A round was led by U.S. Venture Partners (USVP). Darwinium’s […]
Prove Identity, the smartphone-based identity verification startup that originally made its name years ago as Payfone before rebranding in 2020, has raised $40 million. According to sources close to the company, the funding is coming in at a ten-figure valuation, which would pip it past the $1 billion mark (it’s not disclosing an exact figure). […]
Nexusflow, a startup using generative AI to help companies make sense of cybersecurity data, today announced that it raised $10.6 million in a seed round led by Point72 Ventures with participation from Fusion Fund and several AI luminaries in Silicon Valley. The tranche, which values Nexusflow at $53 million post-money, will be put toward hiring, […]
Lumu, a startup that helps enterprises identify and isolate security compromises, today announced that it raised $30 million in a Series B round led by Forgepoint Capital, $6 million of which is debt. Ricardo Villadiego, Lumu’s founder and CEO, says that the new cash will be put toward growing Lumu’s sales team in the U.S., […]
Texas startup HiddenLayer has bagged a hefty $50 million in new venture capital funding as investors continue to pour money into new technologies to protect the code flowing in and out of AI and LLM training sets. HiddenLayer, which emerged from stealth in July 2022 with $6 million in funding, said the latest financing was […]
AuthMind, a Maryland-based startup that aims to help businesses protect themselves from identity-related cyberattacks, today announced that it has raised an $8.5 million seed round led by Ballistic Ventures, with strategic participation from IBM Ventures. The company was co-founded by CEO Shlomi Yanai and CTO Ankur Panchbudhe. Both previously founded (and sold) a number of […]
Israeli security startup Zenity has landed $16.5 million in new venture capital funding to work on technology to secure the ‘low-code/no-code’ dev ecosystem. Zenity said the Series A financing was led by Intel Capital and included new investors from Gefen Capital and B5. Existing backers Vertex Ventures and Upwest also expanded equity stakes. The company […]
CertifID, a startup developing fraud prevention tech for the real estate market, today announced that it raised $20 million in a funding round led by Arthur Ventures at “over double” its previous valuation. CertifID primarily develops products to fight wire fraud. The startup’s co-founder, Thomas Cronkright, launched the company in 2017 after losing $180,000 to […]