Lakera Raises $10M in Funding

Lakera

Lakera, a Zurich, Switzerland-based AI security company, raised $10M in funding.

The round was led by Redalpine with participation from Fly Ventures, Inovia Capital and angels investors.

The company intends to use the funds to expand operations and its business reach.

Co-founded by David Haber, Matthias Kraft and Mateo Rojas-Carulla, Lakera provides a Developer-First AI Security Platform that empowers developers with a large AI vulnerability database to accelerate the secure development of AI products. The company works with any AI model or modality and instantly provides enterprise-grade security for AI applications. Lakera Guard is LLM-agnostic and currently focuses on securing Q&A use cases by protecting against prompt injections (including jailbreaks, escape characters, role play and system prompt leakage), PII detection and masking, content moderation, and hallucinations. Additional use cases, including support for autonomous LLM agents, are expected in the coming months.

The customer base spans Fortune 500 companies, LLM providers like Cohere, plus startups and scaleups integrating LLMs into their systems.

FinSMEs

13/10/2023