UPDATED 08:00 EDT / JUNE 17 2024

SECURITY

Israeli startup Aim Security raises $18M to bolster generative AI security

Israeli enterprise generative artificial intelligence security startup Aim Security announced today that it has raised $18 million in new funding to enhance its AI security platform, with a goal to ensure comprehensive protection for enterprises adopting generative AI.

The company was founded in 2022 by Chief Executive Matan Getz (pictured, right) and Chief Technology Officer Adir Gruss (left), both of them cybersecurity veterans who served with the Israel Defense Force’s elite intelligence Unit 8200. It’s seeking to be an enterprise-trusted partner to secure generative AI adoption. The company’s services give leaders the ability to drive business productivity while providing guardrails and ensuring protection for all use cases.

The emergence of generative AI tools over the last two years needs little introduction, but with chatbots, virtual assistants and AI productivity tools such as GitHub Copilot rapidly emerging, Aim argues that security leaders find themselves caught in a perpetual cycle of “playing catchup” in addressing the unique data, privacy and security challenges AI technology introduces. The result, in many cases, is either blocking AI use entirely, hurting business and efficiency goals, or placing the organization at risk by adopting such tools without adequate security protection.

Aim’s security platform governs and secures all forms of AI use across the business environment. The platform is specifically tailored for the unique threats that AI can present, including sensitive data exposure, supply chain vulnerabilities, harmful or manipulated outputs and the emergence of attack methods such as jailbreaks and prompt injection.

“Enterprise customers from a wide range of industries repeatedly asked us, ‘How can we embrace the undeniable advantages of cutting-edge AI technologies, such as heightened efficiency and optimized decision-making, without crossing our acceptable risk threshold?’” Getz said. “At Aim, our mission is clear: to serve as the trusted AI security ally for enterprise security leaders and allow organizations to confidently unleash the potential of these technologies within their environment, knowing that Aim is their protection layer.”

The ultimate goal of Aim’s platform is to allow businesses to harness the opportunities for increased growth and efficiency with AI while ensuring security confidence. The platform addresses all relevant aspects of AI use in the modern business environment with a holistic approach. That allows chief information security officers to become “business enablers” by encouraging employees to use chatbots, securing enterprise copilot deployments and helping developers build custom generative AI applications securely.

Cannan Partners led the Series A round, with YL Ventures Ltd. also participating. Other investors in Aim include the founders of Wiz Inc. and industry leaders from Palo Alto Networks Inc., Proofpoint Inc. and Google LLC.

Photo: Aim Security

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