Lakera funding news – Zurich-based Lakera Secures $20 Million in Series A Round Funding

This funding round has been closed within only a few months of announcing their Seed round and the participation from the venture arms of a major financial services firm and an iconic SaaS company highlights the urgency and importance of securing GenAI applications for enterprises.

As Donald Tucker, Head of Corporate Development and Ventures at Dropbox, noted: "Lakera's team has extensive expertise and a deep understanding of the complex security challenges companies are facing with LLMs and Generative AI. Their advanced technology is helping companies like Dropbox safeguard against vulnerabilities these new technologies pose."

In less than two years it's estimated that 80% of enterprises will have deployed GenAI applications in production environments. The challenge is to secure these applications against AI-specific risks. This round brings their total funding to $30 million and positions us to lead the real-time GenAI application security category.

Enterprises now operate in a world where anyone who knows how to talk knows how to hack. The challenge is providing guardrails so the model cannot be manipulated. GenAI introduces new attack methods, including prompt and data poisoning attacks, which can exploit the model to take unintended actions.

Attackers may use these techniques to steal confidential information or trigger inappropriate behavior from the model. Lakera provides real-time GenAI security so that the most powerful technology of their lifetime cannot be tricked into taking unintended actions.

Only an AI-first approach can stay ahead of threats

Both human hackers and GenAI models learn and adapt, so GenAI security must also rapidly adapt. Traditional security tools use rules and process well-structured network traffic – this does not work to secure GenAI models. Lakera uses proprietary AI to secure AI applications, so their customers stay ahead of continuously evolving threats.

Security without sacrificing interactivity

Security solutions can’t get in the way of user experiences. Users can interact with GenAI applications as they would speak to a person, using natural language. Lakera delivers an ultra-low latency API, providing a security layer compatible with any GenAI model and without compromising application interactivity – for conversational AI applications today and agents tomorrow.

Centralized control with a single line of code

By inserting a single API call in their applications, our customers centralize AI security. Security teams can set application-specific policies and address emerging threats without developers making any changes to their GenAI model and applications. Their customers integrate once and become stronger with us every day.

With this funding round, they will accelerate our product development and go-to-market strategy. Their presences in the US and Europe, particularly in their San Francisco and Zurich offices, will significantly expand to address market demand.

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All of us at Lakera are excited to continue their mission of securing GenAI, enabling people and organizations to confidently use the most important technology of their lifetime – safely and securely. Stay tuned for more updates as we embark on their next chapter at Lakera.

About Lakera

Lakera is the world’s leading real-time GenAI security company. Customers rely on the Lakera AI Security Platform for security that doesn’t slow down their AI applications. To accelerate secure adoption of AI, the company created Gandalf, an educational platform, where more than one million users have learned about AI security. Lakera uses AI to continuously evolve defenses, so customers can stay ahead of emerging threats.