Wald, a Palo Alto, CA-based context intelligence company, has launched a contextual AI and data loss protection platform and secured $4 million in seed funding.
Investors
The investors in the round include Inventus Capital, Entrada Ventures, and notable angel investors from companies such as Palo Alto Networks and Fortinet.
About Wald
Wald provides a platform to ensure the safe use of private business information across AI platforms. Its context-aware data protection platform connects business users to AI assistants while safeguarding sensitive information and confidential conversations. Wald enables safe data hygiene and contributes to regulatory compliance. The platform is already used by companies in sectors such as healthcare, finance, and legal, including Kiavi and Suki AI.
Funding Details
Company: Wald, Inc.
Raised: $4.0M
Round: Seed Round
Funding Date: December 2024
Investors: Inventus Capital, Entrada Ventures
Company Website: https://wald.ai/
Software Category: Data Protection
Source: https://www.businesswire.com/news/home/20241210585225/en/