January 31, 2024 at 07:42AM
Israeli startup Aim Security raised $10 million for AI technology that secures the deployment of generative-AI utilities. Backed by YL Ventures and Cyber Club London, the company aims to provide oversight and control over AI-powered enterprise apps. It addresses the rise of ungoverned “Shadow AI tools” and the challenges they pose to security teams. CEO Matan Getz highlighted the risks and unique attack vectors associated with these tools, emphasizing the need for specific expertise in generative-AI security.
From the meeting notes, it is evident that a new Israeli startup called Aim Security has successfully raised $10 million in seed financing. The company aims to develop a comprehensive GenAI security platform that can provide oversight, visibility, and control over AI-powered enterprise apps. Aim Security is supported by YL Ventures and Cyber Club London.
The startup focuses on addressing security concerns related to the proliferation of public generative-AI tools and third-party apps with embedded generative-AI features, which are often ungoverned and unsanctioned by security teams. Aim Security’s CEO, Matan Getz, emphasized the risks associated with these “Shadow AI tools” that can connect to a company’s environment, potentially compromising trust boundaries and creating unauthorized data access.
The company aims to fill the gap in traditional security tools’ expertise in understanding generative-AI foundations and risk exposure, pointing out that organizations often have blind spots in this area. Overall, Aim Security’s vision is to develop specialized security solutions tailored to the specific challenges posed by generative-AI technologies.
In related news, Aim Security has garnered attention in the media due to the significant investment it has received, reflecting the growing interest and demand for AI security solutions in the market.