Monday, June 17, 2024

Aim raises $18 million for AI enterprise security

Aim Security, a start-up based in Tel Aviv, has announced $18 million in Series A funding for its development of AI-enabled enterprise security solutions.

Aim’s proactive, all-encompassing security platform governs and secures all forms of AI use across the modern business environment. Specifically tailored for AI’s unique threats, including sensitive data exposure, supply chain vulnerabilities, harmful or manipulated outputs, and the emergence of attack methods such as jailbreaks and prompt injection, Aim’s platform has already engendered significant customer trust across highly regulated industries, including banking, insurance, healthcare, manufacturing, and defense.

The funding round was led by Canaan Partners, with participation from the company’s seed investor, YL Ventures. Aim’s backers include the founders of WIZ and industry leaders from Palo Alto Networks, Proofpoint, and Google. This is among the fastest Series A rounds in cybersecurity history and brings Aim’s total funding to $28 million.

Aim Security was founded by cybersecurity veterans Matan Getz, CEO, and Adir Gruss, CTO, who have broken and built AI platforms, including in the IDF’s elite intelligence Unit 8200.

“Enterprise customers from a wide range of industries repeatedly asked us, ‘How can we embrace the undeniable advantages of cutting-edge AI technologies, such as heightened efficiency and optimized decision-making, without crossing our acceptable risk threshold?’” said Matan Getz, CEO of Aim Security. “At Aim, our mission is clear: to serve as the trusted AI security ally for enterprise security leaders and allow organizations to confidently unleash the potential of these technologies within their environment, knowing that Aim is their protection layer.”

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