Reality Defender, a NYC-based provider of a deepfake and AI-generated media detection platform, announced that its Series A fundraising has been expanded, securing a total of $33M.
The round was led by Illuminate Financial, with additional participation from Booz Allen Ventures, IBM Ventures, the Jeffries Family Office, and Accenture Ventures, as well as additional participation from original Series A lead investor DCVC and past investors The Partnership Fund for New York City and Y Combinator. Alexander Ross, General Partner at Illuminate, will join the Reality Defender board.
The company intends to use the funds to expand operations and its development efforts.
Founded in 2021 and led by Ben Colman, CEO, Reality Defender offers a platform providing enterprises, platforms, and governments with solutions to detect deepfakes and AI-generated content across audio, video, images, and text. Since launching, it has partnered with financial entities, government agencies, and media conglomerates to detect millions of deepfakes, prevent advanced voice fraud in real time, and deflect state-sponsored attackers.
FinSMEs
22/10/2024