Observed Signal · Jul 24, 2024 · Funding · Source: Tech.eu · Impact: 2/5 · Sentiment: Positive
Lakera Raises $20M for Generative AI Security Solutions
Zurich-based generative AI security startup Lakera has raised $20 million in a Series A round, bringing total funding to $30 million. Atomico led the round, with participation from Citi Ventures, Dropbox Ventures, and existing investor redalpine. Lakera offers a real-time AI security API that integrates with a single line of code and provides an ultra-low-latency security layer compatible with any GenAI model. The company also operates Gandalf, an AI red-team education platform with over 250,000 unique users and 50 million threat data points, used by companies including Microsoft for security training. Lakera counts Dropbox and a top-tier US bank among customers, and has engaged more than 35% of Fortune 100 companies. The new funding will support product development and expansion in the US, where the company already has a Silicon Valley presence.
Funding for GenAI-specific security is relevant as enterprise AI adoption, including in marketing and advertising, depends on addressing LLM vulnerabilities, but this is not an industry-shifting event.
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Key Takeaways & Evidence Grounding
- Lakera raised $20 million in Series A funding, bringing its total funding to $30 million.
- Atomico led the round, with participation from Citi Ventures, Dropbox Ventures, and existing investor redalpine.
- Lakera's API is designed to provide real-time security for GenAI models and can be integrated with a single line of code.
- Lakera's Gandalf platform has over 250,000 unique users and generates 50+ million data points, growing by 100,000 new attacks daily.
- Lakera has secured customers including Dropbox and a top 3 US bank, and over 35% of Fortune 100 companies have engaged with the company.
Connected Companies & Entities
4 Entities mapped“Lakera has seen impressive commercial pull, winning customers such as Dropbox and a top 3 US bank, and already having more than 35 per cent ...”
“Atomico led the funding, with participation from Citi Ventures, Dropbox Ventures, and existing investors including redalpine....”
“Atomico led the funding, with participation from Citi Ventures, Dropbox Ventures, and existing investors including redalpine....”
“With over 250 thousand unique users worldwide, including companies such as Microsoft where it’s used in security training, Gandalf generates...”
Ontology Mapping & Concepts
Related Market Signals & Shifts
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