SplxAI, an emerging player in the field of AI security, has successfully raised $2m in a pre-seed venture capital round.
According to Security Week, the funding initiative was spearheaded by Inovo.vc, complemented by contributions from Runtime Ventures, South Central Ventures, and a cohort of angel investors.
Established in 2023, SplxAI is dedicated to advancing a security platform specifically designed to pinpoint vulnerabilities within AI chatbots and conversational systems. This initiative is set against a backdrop where the adoption of AI technologies is rapidly escalating across various industries.
The company’s ambitious project involves the creation of an end-to-end platform for what they term “offensive AI security.” This innovative platform is intended to enable enterprises to adopt and utilize generative AI securely. By 2030, the market for generative AI is projected to soar to $40bn, marking a significant growth trajectory that SplxAI aims to tap into.
SplxAI plans to channel the fresh capital into accelerating its product development. The funds will also support the hiring of new talent and scaling operations, primarily focusing on the U.S. market. Their solution boasts the capability to automate complex attack scenarios, such as hallucinations, prompt injections, and steering conversations off-topic, which are critical in aiding AI security teams to preemptively identify and mitigate potential threats.
Moreover, the solution is designed to align the risk surface with compliance frameworks, monitor threat activity in real-time, and support multi-modal pentesting scenarios across various types of attachments. This comprehensive approach ensures a robust security posture for organizations employing AI technologies.
“We’re seeing a significant shift in AI security, and organizations must adopt proactive security strategies to mitigate potential threats. Traditional pentesting methods can’t keep up with the rapid advancements in AI, but our automated, continuous pentesting is designed to address these challenges and protect enterprise AI assets,” SplxAI CEO Kristian Kamber explained.
Previously, SplxAI has secured funding from several notable entities, demonstrating ongoing confidence in their innovative approach to AI security.
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