$27.5M in Series A investment was secured by WitnessAI, a San Mateo, CA-based company that develops an enabling platform for safe AI usage.
Investors
- GV
- Ballistic Ventures
Use of funds
The money will be used by the business to expand its worldwide sales and support network and quicken the creation of additional AI safeguards.
“We’ve built something that works in the most demanding environments, including global organizations and across clouds. We’ve met with CISOs, and they have responded very well.”
Rick Caccia
Ballistic Ventures had previously served as the company’s incubator, starting in 2023.
About WitnessAI
Under the direction of CEO Rick Caccia, WitnessAI is set up for each client as a separate, cloud-based instance that is encrypted with a unique set of keys to protect privacy and maintain regulatory isolation. With millisecond latency and without needing any installation on the users’ devices, the platform monitors user and LLM behavior, enforces control regulations, and protects user privacy and security. It will need an integrated architecture that combines enterprise-scale web services deployment, new machine learning methodologies, and offensive and defensive security for AI activities to achieve this.
