[FUNDING NEWS] Israel-based Aim Security Secures $18Mn Series A Funding

Aim Security, an Israeli startup that makes it possible for enterprise organizations to safely adopt and deploy AI, has raised $18 million in Series A funding.

Canaan Partners led the investment, with YL Ventures joining. The funds will be used by the business to grow both its operations and growth initiatives.

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By creating the first security solution for the era of LLMs, Aim Security is defining how security should be done for GenAI.

“Enterprise customers from a wide range of industries repeatedly asked us, ‘How can we embrace the undeniable advantages of cutting-edge AI technologies, such as heightened efficiency and optimized decision-making, without crossing our acceptable risk threshold,’” said Matan Getz, CEO of Aim Security. “At Aim, our mission is clear: to serve as the trusted AI security ally for enterprise security leaders and allow organizations to confidently unleash the potential of these technologies within their environment, knowing that Aim is their protection layer.”

“Matan and Adir have a unique and forward-leaning grasp of current and future GenAI risks, and how the hyper-dynamic GenAI Security space will evolve in the future,” says Ofer Schreiber, Senior Partner at YL Ventures. “Their profound expertise and acute understanding of this space led to their vision for Aim—the most holistic, comprehensive GenAI security platform in this explosive sector, rife with emerging niche products and established vendors with partial solutions. Over the past several months, we’ve seen this validated by innovative enterprise customers, who have made Aim their trusted partner in their GenAI adoption journey, and from the industry’s leading investors including Canaan, with whom we are extremely excited to partner in this round.”

About Aim Security

Aim Security, founded by CEO Matan Getz and CTO Adir Gruss, is the enterprise-trusted partner to secure the adoption of GenAI. It gives security leaders the tools they need to drive business productivity while putting in place the proper safeguards and guaranteeing proactive protection for all use cases—whether for enterprise or production use—across the entire organization.