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Home News

Aim Security Raises $18M for AI Safety

June 17, 2024
Reading Time: 3 mins read
in News
Aim Security Raises $18M for AI Safety

Four months after emerging from stealth, Tel Aviv-based Aim Security has raised $18 million in a Series A funding round led by Canaan Partners with participation from YL Ventures. This brings the total funding raised by Aim Security to $28 million, including a previous $10 million seed round. The company’s backers also include founders of WIZ and leaders from Palo Alto Networks, Proofpoint, and Google.

Aim Security focuses on addressing the security risks associated with generative AI (gen-AI). As AI, particularly gen-AI, becomes a major influence on business operations, the risk surfaces it introduces are largely misunderstood. This concern can delay gen-AI adoption or expose companies to compliance risks and threats from bad actors. Aim Security aims to help companies implement AI products securely and confidently.

A significant threat posed by gen-AI is prompt injection, which can lead to AI applications producing unintended responses. This can result in brand damage, data poisoning, privacy abuse, and regulatory violations. The increasing complexity of AI products exacerbates these risks, necessitating robust security measures. Aim Security’s solutions are designed to mitigate these risks by implementing effective guardrails and filters.

Founded by Matan Getz and Adir Gruss, both alumni of IDF intelligence Unit 8200, Aim Security leverages their expertise in AI system development and defense. The new funding will support the company’s product development and global go-to-market efforts. Aim Security’s approach reassures CISOs that AI can be adopted across organizations without compromising security, as evidenced by its success with customers like Finance of America.

Reference:

  • Aim Security Raises $18M to Secure AI Applications
Tags: Aim SecurityCanaan PartnersCyber NewsCyber News 2024Cyber threatsCybersecurityFundingGoogleJune 2024Palo Alto NetworksProofpointSeries ATel AvivWizYL Ventures
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