CalypsoAI, an Washington, DC and Dublin, Ireland-based Artificial Intelligence cybersecurity company, raised $13M in Series A funding.
The round was led by Paladin Capital Group, with participation from Lockheed Martin Ventures, 8VC, Frontline Ventures, Lightspeed Venture Partners, Manta Ray Ventures, Pallas Ventures and other financial and strategic investors. In conjunction with the funding, Mourad Yesayan, Managing Director at Paladin, will join CalypsoAI’s Board of Directors.
The company intends to use the funds to expand globally, increase adoption among enterprises, and progress with innovation.
Founded in 2018 by Neil Serebryany, CEO, CalypsoAI is focused on accelerating and securing an enterprise’s adoption of AI and ML, through AI accreditation to defenses against adversarial machine learning attacks. The company serves customers in national security, finance, and other highly regulated industries.
Earlier this year, CalypsoAI announced the creation of CalypsoAI Labs. Headquartered in the Washington, DC area, CalypsoAI Labs works with government agencies, universities, and private firms to develop tailored applications and expert solutions to enhance the AI security capabilities focused on national security.