Lasso Security Raises $6M in Seed Funding

Lasso Security

Lasso Security, a Tel Aviv, Israel-based Large Language Models (LLMs) cybersecurity company, raised $6M in Seed funding.

The round was led by Entrée Capital with the participation of Samsung Next.

The company intends to use the funds to expand its team and further enhance its offerings.  

Founded in 2023 by Elad Schulman, Lior Ziv, Ophir Dror, and Yuval Abadi, Lasso Security is a comprehensive LLM cybersecurity startup that is committed to addressing the evolving threats and challenges that businesses are beginning to encounter with large language models (LLMs) at every touchpoint within their organizations. Through its shadow AI discovery, ongoing LLM data-flow monitoring and observability features, combined with a real-time detection and alerting system, Lasso further ensures end-to-end protection, aligning seamlessly with an organization’s security policies. With it, organizations can safely integrate and deploy LLMs in production environments, preserving both data and user privacy while safeguarding against malicious threats. 

FinSMEs

22/11/2023