September 12, 2024 at 01:30PM
Operant AI, a San Francisco startup led by Vrajesh Bhavsar and Priyanka Tembey, secured $10 million in Series A funding from several investors, bringing its total funding to $13.5 million. The company specializes in runtime protection for cloud applications, APIs, and AI systems, aiming to offer real-time security across multiple layers without requiring significant code changes.
Based on the meeting notes, here are the key takeaways:
– Operant AI, a San Francisco-based early stage startup, has secured $10 million in Series A funding from investors including SineWave Ventures, Felicis, Alumni Ventures, Massive, Calm Ventures, and Gaingels, bringing its total funding to $13.5 million since its public launch in April 2023.
– The company, co-founded by Vrajesh Bhavsar and Priyanka Tembey, aims to provide runtime protection for cloud applications, APIs, and AI systems, offering real-time visibility and protection across multiple layers of cloud applications, with the ability to block more than 80% of common runtime attacks without requiring significant code changes.
– Patricia Muoio of SineWave Ventures and Nancy Wang of Felicis will join Operant AI’s Board of Directors.
– The funding will be used for staff and product expansion.
– The company’s approach is seen as a game-changer by its lead investor, Patricia Muoio, who views real runtime protection as the future of security in modern app development.
Additionally, the notes reference other companies in the field that have recently secured funding for similar runtime protection solutions.