Wald: Context Intelligence Company Secures $4 Million (Seed)

By Amit Chowdhry • Dec 13, 2024

Context intelligence company Wald has unveiled its contextual AI and data loss protection platform and announced it had closed a $4 million seed round. The company’s seed round investors include Inventus Capital, Entrada Ventures, and several prominent angel investors, including executives from cybersecurity companies like Palo Alto Networks, Fortinet, and HackerOne.

The Wald Context Intelligence platform connects businesses with AI assistants like ChatGPT, Gemini, Claude and Llama while protecting confidential data and managing regulatory compliance. And the platform is context-aware, accurately redacting private information in business conversations while reducing false positives and false negatives compared to existing DLP solutions.

Wald enables businesses to safely create content, generate code, or query documents without exposing personally identifiable information (PII) or other proprietary data. And the technology offers seamless access to leading AI models and the ability to create secure Custom Assistants using internal knowledge bases.

All user data processed by Wald is end-to-end encrypted to ensure that no one can ever access the data, including Wald. And Wald has found that almost a third of all business conversations it processes include confidential data.

Wald Context Intelligence runs inline and redacts any sensitive or proprietary information, inserts intelligent data substitutions so the AI model can return optimal results, and then repopulates the sensitive data before presenting the query response seamlessly to the user.

Wald benefits industries with compliance requirements or organizations with vast amounts of customer and proprietary data that use AI in their daily operations. And Wald.ai enables generative AI to integrate into daily workflows, making it safe, accessible, affordable, and seamless for users. And the Wald Context Intelligence platform is available as a B2B SaaS offering for business users and an API for developers. The platform also includes an admin console for user management, audit logs, and product usage metrics.

KEY QUOTE:

“The rapid adoption of AI technology necessitates that businesses ensure their confidential data remains private. Contextual data protection is the smart way to keep sensitive data safe when using generative AI platforms. As companies face the risk of data leakage, the solution is not to block use of these platforms, but to put in place effective, user friendly guardrails to enable employee productivity.”

  • Vinay Goel, co-founder and CEO of Wald.ai

“Wald.ai offers a thoughtful approach to securing employee AI conversations and safeguarding sensitive private data and our intellectual property. With its contextual intelligence, the product addresses a significant need in sanctioned company wide use of generative AI.”

  • Donovan Bray, director of DevOps at Kiavi

“At Suki AI, we aim to increase employee efficiency with cutting-edge AI solutions while maintaining the highest standards of security. Wald enables our employees to safely leverage leading AI models so they can reduce the time they spend on manual tasks.”

  • Jonathan Antonio, vice president of infrastructure at Suki