Artificial intelligence (AI) and machine learning (ML) security firm Protect AI has raised $60 million in a Series B funding, which brings the total raised by the company to $108.5 million. The new investment round was led by Evolution Equity Partners. The company’s AI Security Posture Management (AI-SPM) platform, which includes five products, provides customers with comprehensive security capabilities and ML environment management. The solution provides scanning of ML models for threats, AI/ML bill of materials, an AI/ML threat feed, and LLM security, observability, and governance capabilities. The company will use the new funding to improve its AI-SPM platform.
Read more: https://www.securityweek.com/protect-ai-raises-60-million-in-series-b-funding/