USA – HiddenLayer, an Austin, TX-based security provider for artificial intelligence (AI) models and assets, raised $50M in Series A funding.
The round was led by M12, Microsoft’s Venture Fund, and Moore Strategic Ventures, with participation from Booz Allen Ventures, IBM Ventures, Capital One Ventures, and Ten Eleven Ventures.The company intends to use the funds to expand its talent base, increase go-to-market efforts, and further invest in its Machine Learning Security (MLSec) platform.Led by CEO Chris Sestito, HiddenLayer is a Gartner-recognized AI Application Security company which helps enterprises safeguard the machine learning models behind their most important products with a comprehensive security platform. The MLSec Platform consists of a suite of products that provide comprehensive security for AI to protect ML models against adversarial attacks, vulnerabilities, and malicious code injections. The Machine Learning Detection and Response (MLDR) product provides a noninvasive, software-based approach to monitoring the inputs and outputs of AI algorithms. MLDR offers real-time defense to an otherwise unprotected asset and flexible response options, including alerting, isolation, profiling, and misleading.The company defends Fortune 100 companies’ AI models across several verticals, including finance, government and defense, and cybersecurity.19/09/2023
