$18m funding boost for Aim Security to enhance GenAI enterprise security


Aim Security, a cyber firm specialising in the protection of GenAI within enterprises, has successfully raised $18m in a Series A.

The round was led by Canaan Partners, with additional contributions from seed investor YL Ventures.

The company, founded by cybersecurity veterans and former members of the IDF’s elite intelligence Unit 8200, Matan Getz and Adir Gruss, has rapidly positioned itself as a leader in the niche of GenAI security. With this latest funding, Aim Security’s total capital raised now stands at $28m.

Aim Security is dedicated to ensuring the safe adoption and operation of AI across various enterprise applications. Its services range from securing chatbots and virtual assistants to safeguarding sophisticated AI-driven tools like Microsoft 365 and GitHub Copilot. The company addresses the unique security challenges posed by AI, such as sensitive data exposure and the new wave of AI-specific cyber threats.

The newly acquired funds are earmarked for further development of Aim’s comprehensive security platform, which is tailored to the specific threats posed by AI technologies. Aim’s solutions are designed to support industries that are highly regulated and have stringent data security requirements, such as banking, insurance, healthcare, manufacturing, and defence.

Additional information highlights the company’s proactive approach to AI security. Aim’s platform is engineered to govern and secure all forms of AI utilisation across enterprise environments, effectively enabling businesses to leverage AI for growth and efficiency without compromising on security.

Aim Security CEO Matan Getz said, “Generative AI is transforming industries from finance to healthcare. However, this power also comes with significant risks and the need for robust security solutions developed specifically for generative AI has never been more urgent.”

Previously, Aim Security had raised $10m in seed funding, which underscores the strong confidence investors have in the company’s vision and market potential.

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