Lakera, a leading real-time Generative AI (GenAI) Security company, announced it has raised $20 million in a Series A funding round. This funding round was led by Atomico, with participation from Citi Ventures, Dropbox Ventures, and existing investors including redalpine. This round brings Lakera’s total funding to $30 million.
The funding positions Lakera at the forefront of the global economy’s race to secure GenAI applications. And as part of the funding round, Atomico Partner Sasha Vidiborskiy will join Lakera’s board.
As businesses worldwide have been scrambling to tap into the power of GenAI without exposing themselves to AI-specific risks, the demand for Lakera’s platform is expected to continue growing at a rapid clip.
Lakera’s Gandalf is an AI educational platform created by the company which serves as the world’s largest AI red team. With over 250K unique users worldwide, including companies such as Microsoft where it’s used in security training, Gandalf generates a real-time database of AI threats (growing by hundreds of thousands of uniquely new attacks every day and keeps Lakera’s software up to date), ensuring continuous protection for customers.
The 50+ million data points generated by Gandalf – combined with the founding team’s deep experience in building AI systems with real-time requirements – means Lakera’s customers can stay ahead of threats and deliver amazing user experiences.
Lakera plans to use this funding to invest further in its product development and expand its presence in the US, where it already has a foothold in Silicon Valley.
KEY QUOTES:
“With the advent of GenAI, the old cybersecurity techniques aren’t sufficient. Enterprises now operate in a world where anyone who knows how to talk knows how to hack. Security solutions need to change but they can’t get in the way of user experience. There is a need for real-time AI security solutions that continuously evolve and enable amazing user experiences.”
– David Haber, Founder and CEO of Lakera
“Lakera has seen impressive commercial pull, winning customers such as Dropbox and a top 3 US bank, and already having more than 35% of Fortune 100 companies knock on their door. All those clients have an urgency to deploy GenAI applications into production, but can’t do it without protection in place. Easy integration, best-in-class performance, and low latency are why they pick Lakera. But most importantly, the company is led by David and his team, who are thought leaders in the space and have a deep understanding of what the adoption of AI means for new cybersecurity risks.”
– Atomico Partner Sasha Vidoborskiy, who will join Lakera’s board
“At Dropbox, ensuring the security of our systems and customers’ data is a top priority. Lakera’s team has extensive expertise and a deep understanding of the complex security challenges companies are facing with LLMs and Generative AI. Their advanced technology is helping companies like Dropbox safeguard against vulnerabilities these new technologies pose. We’re thrilled to strengthen our existing relationship with Lakera by investing in the future of the company and AI security.”
– Donald Tucker, Head of Corporate Development and Ventures at Dropbox
