Lakera, a San Francisco and Zurich-based generative AI (GenAI) security company, has raised $20 million in Series A, bringing its total funding to $30 million.
Investors
The round was led by European VC Atomico, with participation from Citi Ventures, Dropbox Ventures, and existing investors including redalpine.
Atomico invests in ambitious tech founders from Seed to IPO, focusing on Europe and leveraging deep operational experience to drive growth. Founded in 2006, Atomico has partnered with over 100 teams and currently manages $5 billion in assets.
Atomico Partner Sasha Vidiborskiy will join Lakera's board.
Lakera Use of Funds
The company plans to use this funding to further invest in product development and expand its presence in the US, particularly in Silicon Valley.
About Lakera
Founded in 2021 by David Haber, Mateo Rojas-Carulla, and Matthias Kraft, Lakera offers real-time AI security solutions to protect generative AI applications from malicious prompts and threats. The company’s API integrates with a single line of code, offering ultra-low-latency security for any GenAI model. Lakera created Gandalf, an AI educational platform with over 250,000 users, which creates a real-time database of AI threats. Its mission is to enable enterprises to focus on building the most exciting AI applications securely by protecting them against AI cyber risks.
Funding Details
Company: Lakera, Inc.
Raised: $20.0M
Round: Series A
Funding Month: July 2024
Lead Investors: Atomico
Additional Investors: Citi Ventures, Dropbox Ventures, redalpine
Company Website: https://www.lakera.ai/
Software Category: Gen AI Security
Source: https://www.prnewswire.com/news-releases/lakera-raises-20m-series-a-to-secure-generative-ai-applications-302204874.html