October 31, 2024 at 10:08AM
Noma has launched a platform to help organizations manage risks associated with AI applications, securing the AI life cycle against issues like misconfigured pipelines and malicious models. The service works across various environments without requiring code changes. Noma received $32 million in series A funding and serves Fortune 500 clients.
### Meeting Takeaways:
1. **Growing Need for Security in AI and ML**: There is increasing pressure on security teams to safeguard the data and AI life cycle, driven by the rapid adoption of AI and ML tools in enterprises.
2. **Risks Identified**: Organizations face risks from misconfigured data pipelines, insecure MLOps tools, and vulnerable/malicious open-source models, highlighting the need for enhanced security measures.
3. **Noma’s Launch**: Noma has launched a platform designed to help organizations manage risks associated with AI applications. Key features include:
– End-to-end AI discovery, security, protection, and compliance.
– Compatibility with cloud-based, SaaS, and self-hosted environments without the need for agents or code changes.
4. **Specific Protections Offered**: The platform focuses on:
– Supply chain risks including vulnerable data pipelines and unscanned code.
– Misconfigured MLOps tools.
– Protection from vulnerable and malicious models and runtime prompt injection threats.
5. **Existing Customer Base**: The Noma platform is already being utilized by paying customers, including Fortune 500 companies.
6. **Funding Announcement**: Noma has raised $32 million in Series A funding led by Ballistic Ventures and supported by numerous strategic angel investors. The company had an undisclosed seed round less than a year prior.
7. **Leadership Background**: Noma’s co-founders, Niv Braun and Alon Tron, bring experience in leading security and data science teams to the organization.