Liminal: Gen AI Data Security Company Raises $5 Million In Additional Seed Funding

By Amit Chowdhry • Jun 15, 2024

Liminal, a generative AI data security leader, announced that it has raised more than $5 million in an oversubscribed seed round led by Fin Capital. Participation came from High Alpha, Matchstick Ventures, Craft Ventures Scout Fund, and veteran regulated industry executives. This new funding expands Liminal’s ability to quickly enable customers to deploy and use generative AI (Gen AI).

With thousands of new models and over 12,000 generative AI-enabled applications released in the past year alone, regulated organizations must contend with a new and vast set of data security and privacy challenges.

With Liminal’s model-agnostic, horizontal platform, and secure workflow tools, regulated organizations can unlock the immense productivity benefits of generative AI while confidently maintaining regulatory compliance and protecting sensitive data like intellectual property, employee, customer, and other private information.

Liminal’s platform secures every interaction with generative AI, offering a seamless experience for end users and total AI oversight, administration, and observability for security teams.

KEY QUOTES:

“The rise of generative AI and its associated security risks have made it challenging for regulated enterprises to adopt these technologies. Our platform and workflow tools are designed to help organizations quickly get started with the low-lift, high-impact use cases, while also providing the necessary safeguards for more complex and transformational AI implementations.”

  • Steven Walchek, founder and CEO of Liminal

“Generative AI represents a massive leap forward in productivity for every enterprise. Liminal’s platform is purpose-built to help regulated organizations quickly leverage this new technology, without compromising on security and user experience.”

  • Edmund Murphy III, Liminal Investor and CEO of Empower

“We are already seeing the transformative power of AI in financial services. However, the barriers to its full adoption and potential are significant. With generative AI budgets expected to triple between 2023 and 2025, Liminal is uniquely positioned to unlock the adoption of AI for large enterprises in regulated industries by solving AI data privacy, security, and sovereignty.”

  • Christian Ostberg, General Partner at Fin Capital