Paladin Capital boosts CalypsoAI’s generative AI adoption with a $23m investment

Paladin Capital boosts CalypsoAI's generative AI adoption with a $23m investment

CalypsoAI, a prominent leader in AI Security, has proudly announced a significant funding achievement.

The AI security firm has successfully secured $23m in a Series A-1 financing round. This round was led by the reputable Paladin Capital Group, with significant contributions from existing investors including Lockheed Martin Ventures. Moreover, new investors Hakluyt Capital and Expeditions Fund, along with strategic angels such as Auren Hoffman and Anne and Susan Wojcicki, also participated in this round.

CalypsoAI specialises in AI Security (AISec), offering a comprehensive suite of solutions that foster trust and governance for the adoption of AI and machine learning in enterprises and governments. The firm enables organisations to test, validate, and monitor internally developed or third-party AI applications prior to widespread deployment, ensuring operational efficacy and cybersecurity risk prevention.

The freshly raised capital will be channelled into driving product development, notably for the firm’s Large Language Model (LLM) security solutions. The funding will also support talent acquisition and go-to-market investments to meet the escalating demand for solutions that secure and protect organisations utilising LLMs across enterprises.

CalypsoAI founder and CEO, Neil Serebryany, said, “By adopting CalypsoAI’s solutions, every enterprise or government organisation should be able to enable the benefits AI solutions deliver while having confidence that they are trusted, resilient, and secure. With support from some of the top investors and a drive to put LLMs in every worker’s hands, CalypsoAI is bringing the AI and cybersecurity markets together in a way that’s never been done before.”

Mourad Yesayan, managing director at Paladin Capital Group, added, “The company’s unique mix of cybersecurity and AI talent, combined with its battle-tested technology, makes it a clear driver of the AI revolution. Paladin is proud to have been an early supporter of Neil and the team at CalypsoAI, and we’re excited to be levelling up our investment and partnership as the company accelerates the trusted adoption of artificial intelligence.”

Since its inception, CalypsoAI has raised a cumulative total of $38.2m.

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