Alice Raises $140 Million As AI Security Business Approaches $100 Million ARR And Grows 500%+
By Amit Chowdhry ● Aug 25, 2026
Alice (formerly known as ActiveFence) has raised $140 million in a funding round led by Apax Digital as the AI trust, safety and security company approaches $100 million in annual recurring revenue and expands its work with major frontier model developers. Samsung, SentinelOne, Maj Invest, MoreTech and Phoenix Insurance participated in the round alongside existing investors Resolute Ventures, Grove Ventures, CRV, Highland Europe, Vintage Investments, Norwest, NFX and Claltech. The financing brings Alice's total funding to $280 million. Apax Digital will also join Alice's board.