Gandalf, the world's largest AI red team, was created by Lakera to train AI to be safe AI.
Zurich and San Francisco, July 24, 2024 Canada, June 23, 2020 /PRNewswire/ — Lakera, a leading real-time generative AI (GenAI) security company, has $20 million The Series A funding round was led by European VC Atomico, with participation from existing investors including Citi Ventures, Dropbox Ventures and Redalpine. The investment brings Lakera’s total funding to 1. $30 millionThis funding positions Lakera at the forefront of the global economy's race to secure GenAI applications. As part of the round, Atomico Partner Sasha Vidiborskiy will join Lakera's board of directors.
Founder of Lakera
it's been Predicted It is predicted that by 2026, 80% of enterprises will be using GenAI or GenAI-enabled applications in production, up from less than 5% in 2023. Demand for Lakera's platform is expected to continue to grow rapidly as businesses around the world rush to harness the power of GenAI without exposing themselves to the inherent risks of AI.
GenAI is Estimation $4.4 trillion The annual growth rate of cybersecurity as a percentage of global GDP is The second most commonly cited risk Traditional cyber tools are inadequate to address the new dangers posed by GenAI, creating numerous challenges for its adoption. This makes security solutions that address the unique risks of GenAI crucial, as without them, businesses will not be able to reap the benefits of AI.
David HarbourLakera founder and CEO explains urgency“With the advent of GenAI, traditional cybersecurity technologies are no longer enough. Companies now operate in a world where anyone who knows how to talk to them knows how to hack them. Security solutions need to change, but they can't get in the way of the user experience. We need real-time AI security solutions that continuously evolve and enable a great user experience.”
David: Blog published today.
Cybersecurity risks posed by LLM
The scope of LLM vulnerabilities is diverse and severe.
Lakera's comprehensive approach to AI security provides three key benefits to enterprises: protection that doesn't slow down AI applications, the ability to stay ahead of AI threats with continuously evolving intelligence, and centralized implementation of AI security controls.
The company's growth comes at a pivotal time in AI development. GenAI adoption allows users to interact with software applications using natural language, and Lakera's real-time AI security doesn't impair the interactivity of the application. To make it easy for developers to implement, the company's API can be integrated with a single line of code, providing an ultra-low latency security layer that is compatible with any GenAI model. Centralized management allows security teams to customize application-specific policies and address emerging threats without code changes.
Lakera is uniquely positioned to tackle these rapidly changing challenges thanks to Gandalf, an AI education platform it created that serves as the world's largest AI red team, with over 250,000 unique users worldwide, including companies like: Microsoft Used in security training, Gandalf generates a real-time database of AI threats with 100,000 new attacks emerging every day, keeping Lakera's software up to date and continuously protecting its customers. The 50+ million data points generated by Gandalf, combined with the founding team's deep experience in building AI systems with real-time requirements, empowers Lakera's customers to stay ahead of threats and deliver great user experiences.
Sasha Vidoborskiy, a Partner at Atomico who will join Lakera's Board of Directors, said: “Lakera has a strong commercial presence, with customers such as Dropbox and the top three US banks, and over 35% of the Fortune 100 already expressing interest in the company. These clients urgently want to deploy GenAI applications in production, but can't do so without safeguards in place. They choose Lakera because of our easy integration, best-in-class performance, and low latency. But most importantly, the company is led by David and his team. They are thought leaders in the space and have a deep understanding of how the adoption of AI impacts new cybersecurity risks.”
“At Dropbox, ensuring the security of our systems and our customers' data is our number one priority.” Said Donald TuckerHead of Corporate Development and Ventures at Dropbox“The Lakera team has extensive expertise and a deep understanding of the complex security challenges facing enterprises with LLM and generative AI. Their advanced technology helps companies like Dropbox protect themselves from vulnerabilities these new technologies pose. We are pleased to strengthen our existing relationship with Lakera by investing in the company's future and AI security.”
Lakera plans to use the latest funding round to further invest in product development and expand its presence in the United States, where it is already based in Silicon Valley.
About Lakera
Lakera is the world's leading real-time GenAI security company. Customers rely on Lakera for security that doesn't slow down their AI applications. To accelerate the safe adoption of AI, the company developed Gandalf, an educational tool that has helped over 1 million users learn about AI security. Lakera uses AI to continuously evolve its defenses, enabling customers to stay ahead of emerging threats. Lakera is David Harbour, Mateo Rojas Carla and Matthias Kraft In 2021.
About Atomico
Atomico invests in ambitious technology founders from seed to IPO with a specific focus on the following areas: EuropeFounded in 2006, Atomico has partnered with over 100 ambitious teams, including Klarna, Supercell, Graphcore, Compass, MessageBird, Masterclass, Attentive Mobile, Pipedrive, and Hinge Health. Atomico's team of founders, investors, and operational leaders have led global expansion, recruiting, and marketing at companies ranging from Skype and Google to Twitter and Uber. The company currently operates: $5 billion In assets under management.
Atomico Media Contact
Bryce Keene
Partner and Head of Communications
Atomico
[email protected]
Lakera Media Contact
Kristanna Sanders
Media Relations Leader: Stories change culture
[email protected]
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