SydeLabs, a San Francisco, CA-based AI security and risk management startup, has raised $2.5 million in seed funding.
Investors
The funding round was led by RTP Global, with participation from Picus Capital and several notable angel investors.
RTP Global is a venture capital firm focused on early-stage technology investments. It seeks to invest in companies operating in the technology, AI, B2B, SaaS, cybersecurity, transport, education, healthtech, retail, fintech, development & operations, and e-commerce sectors, spanning the United States, Europe, India, and Asia. Based in New York, New York, the firm has additional offices in Bengaluru, Dubai, London, and Paris.
SydeLabs Use of Funds
The company will use the funds to further develop its AI security and risk management solutions, particularly focusing on securing generative AI systems for enterprises.
About SydeLabs
Founded in 2023 by Ruchir Patwa and Ankita Kumari, SydeLabs provides AI security and risk management solutions. The company offers automated red teaming solutions to identify vulnerabilities in AI systems, as well as threat protection and compliance gap assessments. Its mission is to ensure the safety, security, and resilience of AI applications. SydeLabs’ security and risk management platform can integrate with Claude, GPT, Gemini, and proprietary LLMs.
Funding Details
Company: SydeLabs Inc.
Raised: $2.5M
Round: Seed Round
Funding Month: March 2024
Lead Investors: RTP Global
Additional Investors: Picus Capital
Company Website: https://www.sydelabs.ai/
Software Category: AI Security and Risk Management
Source: https://www.thehindubusinessline.com/info-tech/sydelabs-raises-25-mn-seed-round-to-develop-ai-security-solutions-for-enterprises/article68002151.ece