Aim Security Raises $10 Million in Seed Round

by Kay Aloha Villamor in February 1st, 2024

Aim Security, a Tel Aviv, Israel-based cybersecurity startup on a mission to secure enterprise GenAI adoption, has raised $10 million in seed funding.

SaaS Investors  

The round was led by YL Ventures, with participation from CCL (Cyber Club London), the founders of WIZ, and angel investors from Google, Proofpoint, and Palo Alto Networks.  

YL Ventures funds and supports visionary cybersecurity entrepreneurs from seed to scale to help them evolve transformative ideas into market-leading companies. Based in Silicon Valley, New York, and Tel Aviv, YL Ventures manages five funds with $800M in total AUM.   

Aim Security Use of Funds  

The company will use the funds to accelerate product development and expand the team.  

About Aim Security  

Founded by Matan Getz and Adir Gruss, Aim Security is a cybersecurity startup that has developed a GenAI security platform for enterprises. The company's platform addresses the unique risks associated with the adoption of generative AI (GenAI) in businesses, offering a holistic approach to security. The company’s GenAI protection suite is dedicated to continuously securing GenAI adoption, providing security teams with oversight, visibility, and control.  

Funding Details                 

Company: Aim Security  

Raised: $10.0M   

Round: Seed Round    

Funding Month: January 2024                            

Lead Investors: YL Ventures  

Additional Investors:  

Company Website: https://www.aim.security/  

Software Category: Cybersecurity 

Source: https://www.businesswire.com/news/home/20240131104732/en/  


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