Monday, November 18, 2024

SurePath AI Secures $5M Seed Funding for GenAI Adoption

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SurePath AI, a leader in governing generative AI for the enterprise, announced the successful closure of a $5.2 million seed funding round led by Uncork Capital with significant participation from Operator Collective, bringing the company’s total funding to $6.3 million. SurePath AI’s mission is to enable secure GenAI adoption by detecting usage, mitigating risks, and controlling AI access to enterprise data so that organizations can bolster innovation and productivity.

“As GenAI adoption continues to surge across industries, businesses are challenged to balance the risks and benefits,” said Casey Bleeker, CEO and Founder of SurePath AI. “Our company was built to solve this dilemma, and today, our platform enables the secure adoption of GenAI without hindering innovation. This investment validates our progress and reinforces the opportunities ahead as we work to change how GenAI is addressed in the enterprise.”

SurePath AI gives organizations much-needed visibility and control of GenAI use across public and private models. Its role-based access controls decide what data leaves an organization and which models and data sources end-users can access. As a result, organizations can detect GenAI use at a network level, mitigate the risk of public GenAI services, supervise private models, and control access to context data sources—all through a single policy engine integrated with existing security solutions.

Also Read: Invideo Launches Generative AI for Full-Length Video Creation

SurePath AI’s key capabilities include:

  • Capture, monitor, secure, and route GenAI traffic
  • Centrally manage role-based access control policies independent of vendor or solution
  • Inject enterprise data and prompt engineering into GenAI use, increasing adoption and productivity

Founded in 2023 when organizations were choosing between blocking or allowing GenAI, SurePath AI’s founders set out to develop a robust platform to remove the complexity of GenAI governance, provide visibility into Shadow AI use, and securely increase GenAI adoption. Shortly after, the SurePath AI platform was successfully launched at AWS re:Inforce 2024.

“We are thrilled to work with Uncork Capital and Operator Collective,” said Randy Birdsall, co-founder of SurePath AI. “This pivotal funding will help to accelerate our growth as we continue to innovate so that companies can securely govern the use of GenAI across their workforce.”

SOURCE: PRNewswire

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