Curated News
By: NewsRamp Editorial Staff
March 28, 2024
Security & Risk Management Startup SydeLabs Raises $2.5M to Secure Generative AI Systems
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Discuss on SubstackTLDR
- SydeLabs secured a $2.5m seed funding round to build AI security solutions, gaining an edge in the competitive cybersecurity market.
- SydeLabs offers comprehensive AI security and Risk Management solutions to detect and prevent vulnerabilities in enterprise AI systems.
- SydeLabs aims to make AI applications safe, secure, and resistant to abuse, contributing to a more secure and ethical AI environment.
- The founders of SydeLabs, with experience at Google and McKinsey & Company, are pioneering innovative solutions to address emerging AI cybersecurity risks.
Impact - Why it Matters
The news of SydeLabs' seed funding round to build solutions for securing Generative AI systems is important as it addresses the emerging concern of cybersecurity attack surface due to the adoption of Generative AI in enterprise organizations. This impacts businesses and individuals by providing comprehensive AI security and risk management solutions to identify and prevent vulnerabilities, helping to mitigate cybersecurity attacks and abuse.
Summary
Globally, policymakers continue to be concerned about the security and safety risks of Generative AI. Today, security & risk management startup SydeLabs announced their seed funding round of $2.5m to build solutions aimed at securing GenAI systems for enterprises. The funding round was led by RTP Global and also saw participation from Picus Capital and marquee angel investors. SydeLabs’ comprehensive AI security and Risk Management solutions address the emerging concern of cybersecurity attack surface due to the adoption of Generative AI in enterprise organizations. The company offers solutions to identify security and safety vulnerabilities in enterprise AI systems and prevent them in real time, helping mitigate cybersecurity attacks and abuse. Founded by Ruchir Patwa and Ankita Kumari, SydeLabs’ mission is to make AI applications safe, secure and resistant to abuse.
Source Statement
This curated news summary relied on this press release disributed by News Direct. Read the source press release here, Security & Risk Management Startup SydeLabs Raises $2.5M to Secure Generative AI Systems
