November 2, 2024 at 07:48AM
Noma has raised $32 million to enhance data protection and manage the lifecycle of emerging generative AI applications, addressing new security threats that existing controls do not cover. This funding aims to bolster security measures in the rapidly evolving landscape of gen-AI technology.
### Meeting Takeaways:
1. **Company Overview**: Noma operates a platform focused on protecting the data and lifecycle of emerging generative AI (gen-AI) applications.
2. **Market Need**: There is a growing recognition that gen-AI applications present new security threats that are not addressed by current security measures.
3. **Funding Update**: Noma has successfully raised $32 million in funding to enhance its offerings and safeguard gen-AI applications.
4. **Source of Information**: The information was originally reported by SecurityWeek.