January 24, 2024 at 11:18AM
Israeli company Prompt Security has secured $5 million in seed funding led by Hetz Ventures and backed by Four Rivers and notable CISOs. It aims to prevent sensitive data exposure in generative-AI apps, offering a product to secure AI deployments and prevent exposure of sensitive data, along with governance over AI tools. Extensions for major browsers and a developer SDK are also promised.
From the meeting notes, the key takeaways are as follows:
– Prompt Security, a new Israeli company, has secured $5 million in seed funding, with Hetz Ventures leading the early stage financing, and additional investments from Four Rivers and prominent angels including CISOs at Airbnb, Elastic, and Dolby.
– The company is focused on building technology to prevent sensitive data exposure in generative AI apps, specifically targeting the prevention of employees from exposing sensitive information to tools like ChatGPT, as well as securing AI deployments from new attacks like prompt injection and jailbreaks.
– Itamar Golan, CEO and co-founder of Prompt Security, highlighted the rapid infiltration of generative AI in enterprises and the need to profit by inspecting prompt and model responses to prevent the exposure of sensitive data, block harmful content, and secure against a range of gen AI-specific attacks.
– The company is also developing a tool to provide security leadership with complete visibility and governance over the AI tools used within their organization, which includes extensions for all major browsers and multiple methods for securing applications, including a developer SDK.
– The company’s approach aligns with the industry trend of prioritizing AI security, as evidenced by related articles and investor focus on safeguarding AI training models.
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