SafeBase, a security review automation platform, founded by Al Yang and Adar Arnon, aims to streamline security processes for technology buyers. The company recently secured $33 million in a Series B round led by Touring Capital. SafeBase utilizes AI models trained for security documentation to automate responses to security questionnaires, saving time for organizations. The platform offers rules-based behavior customization and insightful dashboards for security posture analysis.
Despite competition from other vendors like Conveyor and Quilt, SafeBase boasts a strong customer base, including Palantir and LinkedIn. The company's growth has been significant, with positive feedback from customers driving adoption. With strategic investors like Zoom Ventures and a total funding of over $50 million, SafeBase plans to expand its team to enhance its services further.
Isomorphic Labs, the AI drug discovery platform that was spun out of Google's DeepMind in 2021, has raised external capital for the first time. The $600
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Sam Altman today revealed that OpenAI will release an open weight artificial intelligence model in the coming months. "We are excited to release a powerful new open-weight language model with reasoning in the coming months," Altman wrote on X.