Announced
Completed
Synopsis
Moore Strategic Ventures, a venture capital firm in New York that focuses on investing in the financial and technology sectors, and M12, a corporate venture capital subsidiary of Microsoft, led a $50m Series A round in HiddenLayer, a Gartner-recognized AI Application Security company, with participation from Booz Allen Ventures, IBM Ventures, Capital One Ventures, and Ten Eleven Ventures. "AI's unparalleled rate of adoption fuels us to move even faster in achieving our mission to give every organization the right tools and expertise to leverage AI securely. We know almost every enterprise in the world is already using AI in multiple forms today, but we also know that no other technology has achieved such widespread adoption without security protections in place. We're committed to creating the most frictionless security solutions on the market to satisfy this unmet need," Chris Sestito, HiddenLayer CEO and Co-Founder.
Show Details & Financials
Did you work on this deal?
Showcase your expertise to over 3 million dealmakers and industry leaders on Datasite.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.