Funding Details
- Awarder
- RSS - theaiinsider.tech
- Date Award
- July 08, 2024
- Vertical
- AI Security
- Funding URL
- View Funding Page
Company Info
- Founders
- Andrew Pankevicius, Alexander Valente, Lucas Sargent
- Company Description
- An Australia-based security startup, Redactive AI, has raised $7.5 million in seed funding to help major corporations use generative AI without compromising their proprietary information. Redactive AI aims to provide tools that set guardrails for information access and retrieval by AI tools, crucial for companies integrating AI agents or chatbots into their workflows while protecting sensitive data. Redactive's tools assist engineers and data governance teams in setting permissions for information access, ensuring AI agents can act on specific employees' behalf without risking data security. The company is already collaborating with two prominent Australian financial services organizations and several frontier technology companies.
- Market
- Corporate Security
- Location
-
Australia
- Coinvestors
- Felicis Ventures, Blackbird Ventures, Atlassian Ventures, Zapier
Links