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Today: September 30, 2024
July 25, 2024
1 min read

Lakera Swiss AI Security Startup Raises $20M in Series A


TLDR:

  • Lakera, a Swiss AI security startup, secures $20 million in Series A funding led by Atomico.
  • The company specializes in protecting generative AI applications from security threats.

Article Summary:

Lakera, a Swiss AI security startup, has successfully secured $20 million in Series A funding led by Atomico. The investment also saw participation from Citi Ventures, Dropbox Ventures, and existing investor redalpine, bringing Lakera’s total raised capital to $30 million. This funding positions Lakera at the forefront of the growing generative AI security market.

The company’s platform addresses the unique security challenges posed by generative AI applications, which are predicted to have widespread adoption in the near future. With the increasing use of generative AI, there is a growing need for specialized security solutions. Lakera aims to provide real-time protection against various AI-specific threats, such as prompt attacks, AI “sleeper agents,” and AI-targeted worms, without compromising application performance.

Lakera’s customer base already includes major tech companies and financial institutions, and the company plans to use the new funding to further develop its product and expand its presence in the United States. The growth of Lakera highlights the importance of specialized security solutions in the rapidly evolving field of generative AI technologies.

Overall, the successful funding round and growing recognition of Lakera’s capabilities indicate a significant demand for advanced security solutions in the face of emerging AI challenges.


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