Seattle cybersecurity startup Protect AI is on a roll.
The corporate on Thursday announced a contemporary $60 million spherical.
Evolution Fairness Companions led the Sequence B spherical; the New York agency additionally led the $35 million Sequence A spherical, raised a 12 months in the past.
Different buyers within the newest spherical embody 01 Advisors, StepStone Group, Samsung, Acrew Capital, boldstart ventures, Knollwood Capital, Pelion Ventures, and Salesforce Ventures.
Shield AI additionally this 12 months acquired Laiyer AI and SydeLabs.
The startup, based in 2022 by former engineering leaders at Amazon and Oracle, helps corporations monitor and safe their machine studying and AI programs. It presents 5 merchandise and clients vary from nationwide safety organizations to Fortune 500 corporations.
The corporate is valued at $400 million, in response to Bloomberg.
AI startups are gobbling a giant chunk of funding in recent times, elevating practically a 3rd of all {dollars} in the course of the second quarter, in response to CBInsights.
Cybersecurity startups additionally stay a scorching goal for buyers. Funding to such startups rose 144% in Q2, in response to Crunchbase. Final week, Seattle-area startup Chainguard raised $140 million at a $1.12 billion valuation.
“AI is being deployed throughout each business at an accelerating tempo, and organizations have realized they want safety guardrails for these programs that aren’t being lined by incumbent safety suppliers,” Shield AI CEO and co-founder Ian Swanson mentioned in an announcement.
That is Swanson’s third startup. His first firm was Sometrics, a digital foreign money platform and in-game funds supplier. It was acquired by American Express in 2011. After that, he based DataScience, a cloud workspace platform that was acquired by Oracle in 2018. Swanson additionally held AI management roles at AWS and Oracle.
Swanson is joined by Badar Ahmed, a former engineering chief at Oracle and DataScience, and Daryan Dehghanpisheh, a former chief at AWS.
Shield AI beforehand acquired Rebuff and Huntr.
The corporate employs 75 individuals throughout Seattle, Berlin, and Bangalore. It plans to rent one other 50 individuals this 12 months. Complete funding to this point is $108.5 million.
发布者：Taylor Soper，转转请注明出处：https://robotalks.cn/samsung-salesforce-invest-in-60m-round-for-seattle-cybersecurity-startup-protect-ai/
