South Central Ventures’ Post

🚀 SplxAI closes $2M Pre-Seed round of funding 🚀 We’re thrilled to announce that SplxAI has secured a $2M Pre-Seed round of funding, led by Inovo.vc, with participation from South Central Ventures and Runtime Ventures. This funding will accelerate our efforts to continue building the first end-to-end platform for offensive AI security, giving enterprises the opportunity to securely adopt GenAI technologies and stay ahead of emerging vulnerabilities. "In the AI gold rush, sell shovels - SplxAI wants to be one of the key shovels in the GenAI space. They make sure "shovels" - or in this instance - chatbots don't break or act in a way that could be damaging,” said Karol Lasota, Principal at Inovo VC. “I haven't heard such unified, strong positive feedback about a value proposition and space from so many different stakeholders - AI founders, cybersecurity operators, and data scientists - for a long time. It can be summarized by ‘the problem is clear, it will only grow, the value is obvious, the timing is now.” We deeply thank all of our investors and partners for believing in our vision and joining us on our mission to create a future of safe and trustworthy AI. Learn more in the exclusive coverage from Sky News 👇 https://lnkd.in/dMwCbARd #preseed #SecurityforAI #LLMSecurity #AISecurity #pentesting #ConversationalAI

Croatia is 🔥🔥🔥 so another company to add to the CEE devtools map! 😅 Happy to share the $2M investment in SplxAI, a company that’s revolutionizing how we approach red-teaming for AI security, especially as AI is being adopted at breakneck speed. Kristian and Ante are addressing the new attack surfaces emerging in AI with incredible precision – something that was crystal clear from the very first demo they presented. Their automated red-teaming platform enables organizations to uncover vulnerabilities faster than ever, helping to keep up with a market eager to adopt AI, sometimes without fully considering the risks. If you’re involved in Conversational AI, this is a team you need to watch – they’re redefining how we secure the future💡 They are hiring - see Ante's post for more https://lnkd.in/dvrPQsMv Btw great to see the first joint deal 👋 with David & Michael (Runtime Ventures) and Vedran B. (South Central Ventures) - good job Karol!

Today we're excited to announce our pre-seed investment in SplxAI, a team at the forefront of automated AI pentesting. Their flagship product, Probe, discovers hard to find vulnerabilities and provides real-time insights to keep AI apps safe from evolving threats that typical testing measures often miss. SplxAI tackles the unique security headaches that come with GenAI apps, like stopping prompt injections, preventing sensitive data leaks, and making sure companies stay compliant with emerging regulations. Probe integrates seamlessly into the development process, helping Trust and Safety teams spot and fix vulnerabilities before they become problems. The GenAI security market has emerged because more companies are jumping on AI tech, but they’re struggling to keep up with the security side of things. While 93% of organizations are using GenAI tools, only a small fraction are really prepared for the risks that come with them, like cyber threats and compliance issues. This gap is why tools like SplxAI’s Probe are so crucial — they step in where traditional security falls short, offering a proactive approach to keeping AI safe and sound. Welcome to the Runtime Ventures family SplxAI!

Flybridge's latest investment to enable the AI-powered future is TrojAI. In the rapidly evolving AI landscape, it is paramount to deploy applications confidently, including from a security perspective, and ensure that AI models are protected against data breaches, toxic behavior, and emerging threats without sacrificing performance or compatibility with existing IT infrastructure. TrojAI has emerged as a leader in enterprise AI security, offering solutions that instill confidence among its customers. The company's success stories, including its implementation in a Fortune 50 financial services firm, underscore its ability to secure AI models at scale. Our investment in TrojAI is driven by its proven market leadership and the addition of Lee Weiner as CEO. Alongside our co-investor, Frank Chang of Flying Fish Partners, we're excited to support the TrojAI team—including Lee and the co-founders James Stewart, Ph.D., and Stephen Goddard—as they continue to set new standards in AI security and deliver value to customers. Further thoughts here: https://lnkd.in/gV8jdZSQ #AI #CyberSecurity #VentureCapital #Innovation

Dropzone AI Clinches $16.85M for AI-Driven Cybersecurity - Significant Series A Funding: Dropzone AI, an AI security analyst developer, secures $16.85M in Series A funding led by Theory Ventures. - Investor Support and Growth Plans: The funding round includes key investors like In-Q-Tel and aims to scale Dropzone AI’s GTM motion and engineering team. - Innovative AI Technology: Dropzone AI offers autonomous AI analysts that enhance security operations by handling routine investigations, freeing human analysts for critical threats. Subscribe to our daily newsletter here for more AI news https://lnkd.in/gntwvuxb #Technology #Innovation #ArtificialIntelligence #VentureCapital #Startups #Cybersecurity #Entrepreneurship #AI #Investing #Data

🔥 Seed Round Stealth Net AI 🔥 Stealthnet.ai is doing a seed round right now! If your an investor looking for the next big thing this is it. Everyone is using AI but who is securing it from hackers? If your interested in hacking/protecting AI your going to really like what we are doing. Pitch Deck: https://lnkd.in/ebSwKTdh #AI #Cybersecurity #StartupFunding #AngelInvestors #VentureCapital #TechEntrepreneur #SeedFunding #VCFunding #StartupGrowth #InvestInStartups #AIFunding #CybersecuritySolutions #EarlyStageInvestors #TechInnovation #AIStartup #VCCommunity #Entrepreneurship #InvestInTech #TechInvestors #FoundersJourney

🚀 Exciting News from WhitegloveAI! 🚀 We are thrilled to share that WhitegloveAI has successfully secured a significant round of funding! This milestone is not just about financial growth – it's a testament to the trust and belief in our vision to seamlessly integrate #ArtificialIntelligence with the highest standards of #Cybersecurity. 🤝 This new chapter is all thanks to our incredible team Nick James, Jeffrey Bankard, CISSP, Alyssa Vircks, Daniel Valencia, Russell Swinney, Clement Yu our innovative partners, and our visionary investors who see the transformative potential of AI in business. Our commitment to enhancing operational efficiency and customer experience through AI has never been stronger. The investment will accelerate the expansion of WhitegloveAI's infrastructure and further development of our AI Adoption and Management Framework. With a laser focus on our #ManagedAIService and the revolutionary vCAIO service, we are setting new standards in the AI domain. 🔗 Dive into what this funding means for WhitegloveAI and the future of AI integration on our blog: https://lnkd.in/gg4DTgvV Here's to #Innovation, #Growth, and a future where technology empowers businesses to achieve more. #AI #FundingSuccess #WhitegloveAI #TechNews

AI took center stage in yesterday's investments. Noteworthy among the highlights were startups leveraging AI for cybersecurity enhancements and those offering no-code solutions for creating AI-driven agents. Notable Deals: • Reach Security, a Sunnyvale based AI-powered cybersecurity platform, raised $20 million in funding. • BREVIAN, a no-code enterprise platform for building AI agents, raised $9m in seed funding _________________________________________________________________________________ Don't miss the encore! Ensure you subscribe to our newsletter to stay updated on events and news in the valley.

Excited to announce the official launch of Aim Security! We at Aim are on our mission to enable enterprises to harness the full potential of GenAI technology while maintaining the highest standards of security. Innovation and security shouldn't be mutually exclusive. As we stand on the edge of an AI revolution, crafting a sustainable strategy for securing it requires a wide and long-ranging vision. Aim is proud to be leading the charge with our GenAI Security Platform, offering security teams unprecedented oversight, visibility, and control to ensure a seamless and secure adoption of GenAI across the enterprise. Our $10M seed funding was led by YL Ventures, with participation from CCL, Operator Partners, and a legendary group of security experts, including Shmil Levy, Yair Grindlinger, Assaf Rappaport, Yinon C., Michael Sutton, Ryan Gurney, Frank Kim, Danny Grander, Shlomi Boutnaru, Ph.D., Jonathan Langer, Guy Schory, Pradeep Aswani, and Yoni Broyde. A massive shoutout and heartfelt thanks to our customers, dedicated investors, the exceptional Aim team, and my co-founder (or should I say, partner in crime) Adir Gruss. I'm greatly looking forward to this shared journey together! Learn more about our mission to take GenAI adoption to new - and secure - heights on CSO Online >> https://lnkd.in/dNR52chV

And we're live! Aim Security is officially out of stealth! I'm excited to be part of this all-star team and can't wait to see where the future takes us! 🎯🤩✈️ Read more about us here: https://aim.security #AimHigher #cybersecurity #GenAISecurity #SecureAI #GenAI