Cranium, a Short Hills, NJ-based AI security company, raised $25M in Series A funding.
The round, which brought the total amount to $32M, was led by Telstra Ventures with participation from KPMG LLP and SYN Ventures.
The company intends to use the funds for innovation, research and development (R&D), and business expansion.
Led by CEO Jonathan Dambrot, Cranium is an AI security and software firm, enabling organizations to gain visibility, security, and compliance across their AI and GenAI systems. Organizations can map, monitor, and manage their AI/ML environments against adversarial threats without interrupting how teams train, test, and deploy their AI models through its Cranium Enterprise software platform, which also allows organizations to quickly gather and share information about the trustworthiness and compliance of their AI models with their third parties, clients, and regulators.
The company was incubated and funded in stealth inside of KPMG Studio.
FinSMEs
26/10/2023