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SplxAI secures $2m investment in face of cybersecurity risks

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Article Summary

TLDR:

Key Points:

  • Chatbot start-up SplxAI has raised $2m in funding to protect against cyberattacks targeting AI chatbots.
  • The company aims to identify vulnerabilities in chatbot systems before they are exposed by cyberattackers.

Article Summary

A start-up called SplxAI, founded earlier this year, has secured $2m in funding to help companies protect their AI chatbots from cyberattacks. The company’s advanced security platform, Probe, can identify vulnerabilities in chatbot systems before they are exploited by attackers. With the widespread use of chatbots globally, the issue of AI chatbot security has become critical.

SplxAI’s funding round was led by early-stage investors like Inovo.vc, South Central Ventures, and Runtime Ventures. Angel investors such as David Politis and Elad Schulman have also backed the company. The company was able to identify content bias vulnerabilities in an IKEA AI assistant, highlighting the importance of securing chatbot systems to maintain customer trust.

As the market for generative AI security products is expected to grow significantly in the coming years, SplxAI plans to use the funding to accelerate product development and expand its operations, especially in the US. The company’s CEO, Kristian Kamber, emphasized the need for continuous proactive security systems to protect conversational AI used in businesses.

With the rise of cyberattacks targeting AI systems, SplxAI aims to be a key player in safeguarding chatbots from potential threats. The company’s focus on GenAI security and innovative approach to protecting sensitive data in AI-powered industries has attracted investors and positioned it as a leader in the cybersecurity space.


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