Prompt Security Secures $5M in Seed Funding for Enterprise Generative AI Security

TL;DR:

  • Tel Aviv’s Prompt Security secures $5 million in Seed funding led by Hetz Ventures, with participation from Four Rivers and industry CISOs.
  • Founded in August 2023, Prompt Security is led by CEO Itamar Golan and CTO Lior Drihem, both experts in cybersecurity and AI.
  • The company offers a comprehensive solution for generative AI security in enterprises, focusing on security, governance, data privacy, and safety.
  • Their security measures include inspecting semantic data to protect against threats like prompt injection and data extraction.
  • Prompt Security provides governance tools to track and manage gen AI tool usage within organizations.
  • Data privacy is a priority, with sensitive data detection and redaction using contextual LLM-based models.
  • The company ensures safety by scrutinizing AI-generated content for harmful or toxic elements.

Main AI News:

In the bustling world of enterprise generative AI security, Tel Aviv’s very own Prompt Security recently made headlines by securing a substantial $5 million in Seed funding. Spearheaded by the forward-thinking team at Hetz Ventures, this funding round also saw enthusiastic participation from Four Rivers and a league of seasoned angels, including esteemed CISOs from Elastic and Dolby.

With this significant infusion of capital, Prompt Security is all set to take its operations and business reach to new heights. Founded in the vibrant month of August 2023, the company is helmed by CEO Itamar Golan and CTO Lior Drihem. Together, they bring a formidable blend of expertise in both cybersecurity and AI, underpinned by years of hands-on experience in constructing and fortifying machine learning systems. Their illustrious career journeys have traversed esteemed organizations such as Check Point, Orca Security, and Israel’s prestigious intelligence unit 8200.

Prompt Security’s prowess extends across a comprehensive suite of services that define the future of generative AI security in the enterprise landscape. Their capabilities encompass:

  1. Security: At the core of their offering lies the ability to meticulously inspect semantic data, scrutinizing every prompt and model response. This unwavering vigilance is the shield against an array of emerging threats, including prompt injection, jailbreaking, data extraction, and more.
  2. Governance: In the era of generative AI, governance is paramount. Prompt Security empowers security and AI leaders with unparalleled visibility into the usage of gen AI tools within their organization. Furthermore, they provide the means to define access policies per application and user group. Leveraging an LLM-agnostic approach, they excel in detecting AI tools based on usage patterns, thereby enabling the identification of thousands of tools at a glance.
  3. Data Privacy: In an age where data is gold, safeguarding sensitive information is non-negotiable. Prompt Security leverages contextual LLM-based models to meticulously detect and redact sensitive data, ensuring the utmost protection of information like PII (Personally Identifiable Information), PHI (Protected Health Information), and intellectual property.
  4. Safety: In a world where AI-generated content abounds, safety is paramount. Prompt Security leaves no room for harmful or toxic content to infiltrate your enterprise. Responses from generative AI tools are subjected to rigorous scrutiny, ensuring a clean and secure digital environment.

Conclusion:

Prompt Security’s successful funding round and its comprehensive approach to generative AI security position them as key players in the evolving enterprise security market. Their expertise in cybersecurity and AI, coupled with robust solutions for data protection and governance, make them a valuable asset for organizations navigating the complexities of AI-driven technologies. As the demand for secure AI solutions grows, Prompt Security’s role in safeguarding enterprises will likely have a significant impact on the market.

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