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Acuvity, a Sunnyvale-based generative AI security company, has successfully raised $9 million in seed funding led by Foundation Capital. This financing aims to enhance its AI security and governance platform designed to protect enterprises as they adopt generative AI technologies. The funds will be allocated towards product development, engineering, and marketing efforts.
Co-founder and CEO Satyam Sinha emphasized the importance of addressing risks associated with generative AI, such as data sharing and potential liabilities. Acuvity's platform aims to provide enterprises with the necessary tools to navigate these challenges, ensuring compliance and optimizing costs. The product is expected to be available to the public within two weeks.
• Acuvity raises $9 million for AI security platform development.
• Generative AI poses significant risks for enterprises, according to Acuvity's CEO.
Acuvity focuses on helping enterprises safely adopt generative AI while managing associated risks.
Acuvity's platform is designed to ensure compliance with AI governance standards.
Acuvity's AI security platform acts as a safety net for enterprises using generative AI.
Acuvity aims to help enterprises navigate the risks associated with adopting generative AI technologies.
Foundation Capital led the funding round for Acuvity, highlighting its commitment to supporting innovative AI solutions.
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