Lasso Security, innovators in Large Language Models (LLMs) cybersecurity, announced this week a $6 million seed round led by Entrée Capital with the participation of Samsung Next.
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The company said it is setting the standard for LLM cybersecurity by safeguarding every LLM touchpoint, ensuring unrivaled, comprehensive protection for businesses leveraging Gen AI and other large language model technologies and intends to utilize the funds to expand its team and further enhance its offerings.
"The capabilities of LLMs are extraordinary, revolutionizing information processing but also introducing openings for cyber criminals in enterprise settings," Elad Schulman, CEO of Lasso Security, said. "As early as next year, organizations without a dedicated Gen AI risk management solution will experience negative outcomes. At Lasso, we've analyzed numerous LLM security challenges and developed a comprehensive solution encompassing preventative and remediation measures. Our mission is to equip businesses with robust defenses to safeguard their systems, including those using generative AI technologies that leverage LLMs. Every data point, command, and prompt generated by LLMs will be under the vigilant oversight of our sophisticated security platform, enabling teams to embrace generative AI without jeopardizing their data's safety and security."
