Prompt Security Raises $5M in Seed Funding

Prompt Security

Prompt Security, a Tel Aviv, Israel-based provider of a platform for enterprise generative AI security, raised $5M in Seed funding.

The round was led by Hetz Ventures with participation from Four Rivers and angels including CISOs at Elastic, and Dolby.

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

Founded in August 2023 and led by CEO Itamar Golan, and CTO Lior Drihem, Prompt Security delivers a complete solution for all generative AI security in the enterprise. Its founding team combines expertise in both cybersecurity and AI, with years of experience building and securing machine learning systems at organizations like Check Point, Orca Security, and Israel’s elite intelligence unit 8200. Its capabilities include:

  • Security: Prompt Security inspects semantic data, looking at every prompt and model response to protect against a range of new threats, like prompt injection, jailbreaking, data extraction, and more.
  • Governance: Security and AI leaders are provided visibility into the usage of gen AI tools within their organization, and can define access policies per application and user group. Prompt Security employs an LLM-agnostic approach to detecting AI tools based on usage patterns, enabling the identification of thousands of tools.
  • Data Privacy: Contextual LLM-based models are used to detect and redact sensitive data, ensuring information like PII, PHI, and intellectual property is properly safeguarded.
  • Safety: Responses from gen AI tools are scrutinized to ensure they do not contain harmful or toxic content.

FinSMEs

25/01/2024