Artificial intelligence security and trust software firm Cranium.ai Corp., which was spun off as a separate company from KPMG LLC in April, today announced that it has raised $25 million in new funding for innovation, research and development and business expansion.

Founded in 2022 as part of KPMG’s startup incubator, KPMG Studio, Cranium offers enterprise AI security and trust software that enables organizations to gain visibility, security and compliance across their AI and generative AI systems. Cranium’s software integrates with existing environments without interrupting the way organizations work to test, train and deploy their AI models.

Features of the company’s software include collaboration between data science and cybersecurity teams to ensure that key AI lifecycle stakeholders have a common operating picture across teams to improve visibility and collaboration. Inventory AI pipelines capture in-development and deployed AI pipelines, including all associated assets throughout the AI lifecycle.

Cranium says its software establishes an AI security framework that provides security and data science teams with a foundation for building a proactive and holistic AI security program. The platform also captures and quantifies AI security risk and establishes continuous monitoring.

The software is custom-built to address the gap between data science, compliance and cybersecurity teams by providing a single source of truth for AI security risks. Cranium ensures AI systems are secure, trustworthy and compliant, properly handling vital resources such as health, financial and consumer data to meet compliance regulations.

“AI is being embedded into every business process and function at an unprecedented speed,” said co-founder and Chief Executive Jonathan Dambrot. “Prioritizing responsible AI now, at the beginning of the AI revolution, will allow enterprises to scale more effectively and not run into major roadblocks and compliance issues later.”

Cranium said it will use the new funding to accelerate software platform innovation through product development; scale go-to-market strategies, including sales and marketing efforts; allow investment in research and development to further visibility into the security of AI systems; enhance security, regulation and compliance in AI/ML environments against adversarial threats; and reinforce its teams and customers with additional support.

Telstra Ventures LLC, the venture capital arm of Australia’s largest telecommunications company, led the Series A round, with KPMG and SYN Ventures LLC also participating. Including the new funding, Cranium has raised $32 million to date.

Image: Cranium