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[Funding Alert] Israel-based Knostic Secures $3.3 Million in Pre-Seed Funding

Knostic, a provider of need-to-know access controls for generative AI with locations in Reston, VA, and Tel Aviv, Israel. Raised pre-Seed funding of $3.3 million.

Knostic, a provider of need-to-know access controls for generative AI with locations in Reston, VA, and Tel Aviv, Israel. Raised pre-Seed funding of $3.3 million.

In addition to angel investors Kevin Mahaffey (Lookout), David Cross (Rain Capital), Bryson Bort (SCYTHE), Travis McPeak (Resourcely), Matthew Honea (Forward Networks), and others, backers included Shield Capital, Pitango First, DNX Ventures, and Seedcamp.

Read also – India-Based AutoNxt Automation Raises $3 Million in Pre-Series A Round Funding

Knostic is a provider of need-to-know based access controls for Large Language Models (LLMs), and was founded in late 2023 by cybersecurity veterans Gadi Evron (serial entrepreneur, formerly from Citibank and PwC) and Sounil Yu (former Chief Security Scientist at Bank of America).

The company’s knowledge-centric capabilities allow them to promote AI-powered innovation and expedite the adoption of LLMs throughout enterprises, all while maintaining value, security, and safety.

Read also – Hong Kong-based Windrose Technology Secures US$ 110 Million Series B Funding

Employees can use it to get access to anything they require, but the responses are tailored to only what they need to know to fulfill their responsibilities in accordance with company policy.

With regard to early adoption, the company’s service assists enterprises in recognizing their exposure to need-to-know violations and navigating the safe installation of LLM-based tools.

About Knostic

Knostic enabes governance and risk management for large language models (LLM) in enterprises. It is first in the world to offer need-to-know access restrictions for generative AI is Knostic.

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