Prompt Security, a NYC-based company which specializes in Generative AI (GenAI) security, raised $18M in Series A funding.
The round was led by Jump Capital, with participation from Hetz Ventures, Ridge Ventures and major tech companies Okta and F5.
The company intends to use the funds to advance its solutions and expand both its geographic footprint and presence across different industries.
Led by CEO Itamar Golan, Prompt Security enables enterprises to safely adopt GenAI by protecting applications, employees, and customers from a wide range of AI-specific risks. It inspects prompts and model responses to prevent data leaks, blocks harmful content, and secures against GenAI-specific attacks like shadow AI, prompt injections, and jailbreaks.
The platform offers full visibility, governance, and policy enforcement over AI tools used within organizations, with flexible deployment options to serve any use case. Notably, Prompt Security was the first vendor to provide comprehensive security and governance of Copilot for Microsoft 365.
Since emerging from stealth this past January, Prompt Security has quadrupled its revenue and grown its customer base fivefold, counting Fortune 500 companies among them.
FinSMEs
20/11/2024