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/