Protect AI Raises $60 Million in Series B Funding for Enhanced Security Solutions
Wednesday, 7 August 2024, 19:47
Protect AI Secures Funding for Security Solutions
Protect AI, a leading company in artificial intelligence and machine learning security, has announced a significant financial milestone.
$60 Million Series B Funding Round
- The recent funding round raised $60 million.
- Led by Evolution Equity Partners with contributions from notable investors including Samsung and Salesforce Ventures.
- This brings the total funding raised by Protect AI to $108.5 million.
Focus on AI and ML Security
- Funding will help Protect AI enhance its offerings against unique security vulnerabilities.
- The company aims to assist organizations in safeguarding their machine learning systems.
- They address the emerging threats that AI applications face in today's tech landscape.
In conclusion, Protect AI's latest funding underscores the growing importance of securing intelligent systems and reflects the industry’s commitment to addressing AI-related security challenges.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.