Robust Intelligence, a San Francisco-based AI startup that helps businesses stress test their AI models and prevents them from failing, announced that it raised a $30 million Series B funding.
The round was led by Tiger Global, previous investor Sequoia, which led the company’s Series A round, as well as Harpoon Venture Capital and Engineering Capital also participated in this oversubscribed round.
The company plans to use the new funding to scale its sales operations, but the majority will go to product and engineering.
Company: Robust Intelligence, Inc.
Round: Series B
Funding Month: December 2021
Lead Investors: Tiger Global
Additional Investors: Sequoia, Harpoon Venture Capital, and Engineering Capital
Company Website: https://www.robustintelligence.com/
Software Category: Robust Intelligence Model Engine (RIME) platform
About the Company: Robust Intelligence was founded in 2019 by Yaron Singer, a tenured professor of Computer Science and Applied Mathematics at Harvard University, and his former student Kojin Oshiba. Robust Intelligence builds products that integrate seamlessly into the AI development life cycle to ensure robustness and reliability, the company offers its users what it calls the Robust Intelligence Model Engine (RIME), with what is essentially an AI firewall at its core. This firewall wraps around a company’s AI models and protects it from making mistakes by constantly stress-testing these models.