September 5, 2024 at 10:24AM
Sunnyvale, CA-based startup Activity has secured $9 million in seed funding led by Foundation Capital. Co-founded by Satyam Sinha, the startup addresses the lack of visibility and security issues posed by the rapid adoption of generation artificial intelligence (gen-AI) systems. Acuvity aims to provide governance of gen-AI platforms and assist in building secure in-house gen-AI applications.
From the provided meeting notes, it is clear that the Sunnyvale, CA-based startup Activity has secured $9 million in seed funding to advance its secure AI adoption platform. Satyam Sinha, formerly of Aporeto, has assumed the role of co-founder and CEO at Acuvity, marking a significant development for the company.
The notes also highlight the rapid growth of gen-AI as a foundational tool for employee productivity, while also underscoring the potential risks involved in its usage. Acuvity aims to address these challenges by providing visibility and governance into employees’ use of gen-AI platforms, both externally and internally. The platform not only offers visibility into user behavior but also facilitates the development of secure in-house gen-AI applications.
Furthermore, the meeting notes touch upon the inevitability of increased gen-AI adoption and the need for improved understanding and governance in this evolving landscape. Acuvity’s ultimate goal is to bring visibility and governance into the realm of gen-AI, somewhat reminiscent of past challenges with Shadow IT and now, the emergence of Shadow AI.
This comprehensive summary distills the key points from the meeting notes, providing a clear understanding of the discussions and the outcomes.