Discover The Best FinTech Startups
Get a list of new FinTech jobs:
TrojAI raises $5.75m to bolster enterprise AI protection
TrojAI, a company specializing in enterprise AI security, has received a substantial boost to its operations through a recent infusion of $5.75 million in seed funding. Renowned for its innovative approaches to safeguarding AI applications across various industries, the company is embarking on a new chapter with this financial milestone.
The latest funding round was led by existing investor Flying Fish, with continued support from Build Ventures and Techstars. Notably, it also attracted new investors such as Alteryx Ventures and Flybridge Capital Partners.
Delving into TrojAI's offerings reveals a unique position within the tech landscape. The company has established itself by providing a comprehensive AI security platform tailored specifically for businesses. This platform is engineered to evaluate and mitigate risks associated with AI models before deployment, ensuring their safety during operation.
The funds raised in this round will be allocated to several strategic areas. Key priorities include further product development, strengthening sales and marketing initiatives, and improving customer support. Additionally, TrojAI aims to expand its presence geographically by establishing a new office in Boston, Massachusetts, underscoring its commitment to meeting the global demand for secure AI solutions.