Apex Raises $7M In Seed Funding

from right to left – Matan Derman, CEO; Tomer Avni, CPO (Photo credit: Ben Hakim)

Apex, a Tel Aviv, Israel-based AI security company, emerged from stealth with $7m in seed funding.

The round was co-led by Sequoia Capital and Index Ventures, with participation from notable angel investors, including Sam Altman, CEO of OpenAI.

The company plans to use the seed funding to accelerate product development, employee recruitment, and go-to-market efforts.

Founded in 2023 by Matan Derman (CEO) and Tomer Avni (CPO), Apex built a security platform that provides organizations with comprehensive visibility of their AI activity, allowing them to define how AI is used across the organization and enforce security policies accordingly. The platform can detect violations to company’s or industry security standards, detect and respond to AI attacks, so that companies can securely leverage AI technologies. The solution includes a secure portal for a productive and secure interaction with all the organization’s AI platforms.