Trustible, a software firm that helps companies speed up responsible AI governance, has arisen out of stealth with $1.6m.
With a mission of maximizing trust, managing regulatory and reputational risks, and offering transparency in AI applications, Trustible claims it empowers organizations to confidently adopt AI technologies in a rapidly evolving regulatory environment.
The round was led by Harlem Capital, with participation from VamosVentures, as well as a range of angel investors.
The recent financing is enabling Trustible to scale its team, accelerate growth, and further develop its product, designed to help customers seamlessly adopt Responsible AI industry standards, such as NIST’s AI Risk Management Framework, and comply with emerging regulations, including the European Union’s AI Act.
Through its platform, Trustible aims to facilitate the responsible scaling of AI initiatives and creating opportunities for competitive differentiation.
Trustible CEO and co-founder Gerald Kierce said, “Societal trust in AI is critical in ensuring the technology is benefiting humanity, particularly with the advent of Generative AI. We’re thrilled to launch Trustible to enable legal and AI/ML teams to foster transparency, accountability, and trust in their AI systems.”
Data security platform Dasera recently secured $12m in its Series A funding round, which was led by Storm Ventures.
Dasera is a data security platform that focuses on automated data security and governance solutions for finance, healthcare and technology enterprises.
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