Saturday, July 27, 2024
HomeRecent ArticlesIsrael-based Aim Security Secures $10Mn Seed Funding

Israel-based Aim Security Secures $10Mn Seed Funding

Aim Security, the industry guide to secure GenAI adoption has secured $10 Million in Seed Funding round led by YL Ventures with participation from CCL (Cyber Club London), the founders of WIZ and angel investors from Google, Proofpoint and Palo Alto Networks.
Aim Security founders(L-R) Matan Getz and Adir Gruss

Aim Security, the industry guide to secure GenAI adoption has secured $10 Million in Seed Funding round led by YL Ventures with participation from CCL (Cyber Club London), the founders of WIZ and angel investors from Google, Proofpoint and Palo Alto Networks.

Read also – Israel-based Oasis Security Raises $40 Mn Funding

The funds received will be used by the Aim Security to grow both its operations and growth initiatives. Founded in 2007, YL Ventures funds and supports visionary cybersecurity entrepreneurs from seed to scale to help them evolve transformative ideas into market-leading companies. The firm accelerates company growth with tailored support through its powerful network of Chief Information Security Officers, global industry leaders, and a dedicated team of multidisciplinary experts.

Read also – Israel-based Joyned Secures $8Mn Series A Funding

“This enormous risk surface is replete with unique attack vectors that existing security solutions cannot sufficiently address,” says Matan Getz, CEO and co-founder of Aim Security. “Much like the cloud revolution and the bespoke security solutions that followed, the GenAI revolution requires an entirely new approach to addressing its unique vulnerabilities and vectors.”

Read also – Ditrolic Energy Secures Investment Backing from BlackRock’s Climate Finance Partnership

“While the market is still finding its footing in the GenAI wilderness, Aim is already arming its customers with everything they need to address emerging GenAI security threats while providing invaluable business insights on GenAI use,” says Ofer Schreiber, Senior Partner at YL Ventures. “Matan and Adir are true visionaries whose innovative approach is crucial when breaking into a constantly evolving new sector. They already have a strong customer base, indicating an exceptional ability to quickly execute while continuing to address customer needs along their GenAI journey.”

Read also – Singtel Collaborates with Google to bring Rich Communication Services

About Aim Security

Founded by Matan Getz (CEO) and Adir Gruss (CTO), in 2020, Aim Security is the industry guide to secure GenAI adoption, equipping security leaders with the ability to drive business productivity while providing the right guardrails and ensuring proactive protection for all use cases across the entire organization, whether enterprise use or production use.

Read also – Animoca Brands and LightLink Partner to Enhance Web3 Gaming Experiences

Leading CISOs and security practitioners on their secure GenAI journey, Aim empowers enterprises to unlock the full potential of GenAI technology without compromising security.

Read also – Singtel Collaborates with NVIDIA to bring AI to Singapore and Southeast Asia

- Advertisement -
RELATED ARTICLES
- Advertisment -

Most Popular