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Today: September 25, 2024
July 26, 2024
1 min read

Swiss AI Startup Raises $20M to Protect Businesses from LLM

TLDR:

  • Swiss AI startup Lakera raised $20 million in funding to protect businesses from LLM threats.
  • Lakera specializes in safeguarding generative AI applications from malicious prompts through its Lakera Guard technology.

Lakera, a Swiss startup, has secured $20 million in a Series A funding round led by Atomico to protect generative AI applications from security threats. Generative AI, like ChatGPT, has gained popularity but raises concerns in enterprise environments due to security and data privacy issues. Large language models power generative AI, but they can be vulnerable to manipulated prompts, known as “prompt injections.” Lakera aims to mitigate this vulnerability with its innovative solutions.

Founded in 2021 and launched in 2023 with $10 million funding, Lakera specializes in protecting organizations from LLM vulnerabilities such as data leaks and prompt injections. Their Lakera Guard technology serves as a low-latency AI application firewall, ensuring secure processing of prompts for generative AI applications. The company integrates insights from various sources, including open-source datasets, proprietary machine learning research, and tools like the “Gandalf” game to refine its defenses against potential threats.

Overall, Lakera’s solutions aim to enhance the security and integrity of generative AI applications in enterprise settings, safeguarding against emerging threats and ensuring safe and reliable AI operations.

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