Protect AI, a startup building tools to harden the security around AI systems, today announced that it raised $35 million in a Series A round led by Evolution Equity Partners with participation from Salesforce Ventures, Acrew Capital, boldstart ventures, Knollwood Capital and Pelion Ventures.
The tranche is more than double the size of Protect AI’s seed round, which closed last December, and it brings the startup’s total raised to $48.5 million. Co-founder and CEO Ian Swanson says the proceeds will be put toward enhanced capabilities in Protect AI’s platform, an expanded rese
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