Wald.ai, a pioneer in contextual data loss protection for AI platforms, has successfully closed a $4m seed funding round.
The company, known for its innovative approach to safeguarding private business information across AI platforms, focuses on integrating AI tools such as ChatGPT, Gemini, Claude, and Llama into business environments while ensuring data security.
The seed round garnered support from Inventus Capital, Entrada Ventures, and several high-profile angel investors from top cybersecurity firms including Palo Alto Networks, Fortinet, and HackerOne. These investors are backing Wald’s vision to revolutionize data protection in AI interactions.
Wald.ai’s platform excels in creating a secure bridge between businesses and leading AI models. It enables companies to utilize generative AI for various functions such as content creation and document querying without risking exposure of personally identifiable information (PII) or other sensitive data. This technology not only redacts private information but also uses intelligent substitutions to provide optimal AI responses, maintaining data integrity and compliance.
The new funds will be directed towards scaling Wald’s operations, enhancing the platform’s capabilities, and expanding its reach to cater to industries with stringent compliance requirements. By integrating advanced AI technologies securely into daily workflows, Wald.ai aims to make generative AI both safe and accessible for a broader range of business applications.
Wald.ai also highlighted its commitment to user-friendly solutions that bolster productivity without compromising security. “The rapid adoption of AI technology necessitates that businesses ensure their confidential data remains private,” said Vinay Goel, co-founder and CEO of Wald.ai. “Contextual data protection is the smart way to keep sensitive data safe when using generative AI platforms. As companies face the risk of data leakage, the solution is not to block use of these platforms, but to put in place effective, user-friendly guardrails to enable employee productivity.”
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