AI security startup SydeLabs raises funds to secure GenAI systems


Bengaluru, March 28 (IANS): AI security and risk management startup SydeLabs on Thursday said it has raised $2.5 million in its seed funding round to build solutions aimed at securing generative AI systems for enterprises.

The funding round was led by RTP Global and also saw participation from Picus Capital and marquee angel investors, the startup said in a statement.

The adoption of generative AI has opened a new cyber-security attack surface for those leveraging the technology.

Founded by Ruchir Patwa and Ankita Kumari, 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.

"From a security point of view, companies are now bringing a human-like element into systems that were previously not susceptible to social engineering and manipulation. From a compliance perspective, we see systems having access to internal and user data with the ability to take action on that data," said Kumari.

By focusing on the intent of attackers, rather than using traditional pattern matching approaches that are traditionally used for cybersecurity, the company said it is going deeper in its cybersecurity offering.

"We are building a comprehensive platform for risk management of generative AI systems, across the entire development lifecycle. This can give a huge productivity boost to enterprises," said Patwa, co-founder and CEO.

Galina Chifina, Partner, RTP Global's Asia Investment team, said that SydeLabs' approach to AI security "showcases the kind of forward-thinking application of technology we champion at RTP Global".

 

  

Top Stories


Leave a Comment

Title: AI security startup SydeLabs raises funds to secure GenAI systems



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.