AI Hardware

Kindo raises $20.6M to bring security to enterprise AI

Kindo, an enterprise AI security platform, has raised $20.6 million in funding and it also acquired open-source security project WhiteRabbitNeo.

By Priya Khosla July 16, 2024

Source: VentureBeat

Ron Williams, CEO of Kindo, said in an interview with VentureBeat that the company was started to make it safe for enterprises to adopt and manage AI technologies, including generative AI.

This new capital will be used to accelerate product development and enhance Kindo’s AI security and management capabilities through advanced R&D to stay ahead of evolving AI risks. The company will also expand sales and marketing efforts to reach more enterprises and grow the team with top-tier talent in AI security and enterprise software.

Drive Capital led the round, with participation from existing Kindo investors RRE Ventures, Marlinspike Partners, Riot Ventures, Eniac Ventures, New Era Ventures, and Sunset Ventures. The new round brings the total funding raised by the company to $27.6 million.

“The easiest way to think about this is we’re an orchestration platform that lets enterprises of all sizes really enterprises their best to integrate any AI capabilities or any AI model that’s in the market,” Ron said. “It’s in an API. You can integrate it including your own models. In IT and security, you can control who accesses those models, applications or other data sources, and what agents can talk to which models. It gives centralized control.”

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