WitnessAI Raises $58M: Sound Ventures Leads Major Round to Scale AI Security [Los Angeles Times (CA)]
SentinelOne, Inc. Class A (S)
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Source: Los Angeles Times
round saw participation from Fin Capital, Qualcomm Ventures, Samsung Ventures and Forgepoint Capital Partners. The funding will be used to accelerate WitnessAI's global go-to-market and product expansion. The company also unveiled expanded agentic AI governance capabilities that bring observability and are aimed at helping enterprises monitor AI agents. “AI workflows are maturing and starting to cross corporate and cloud LLMs and agents,” said Rick Caccia , co-founder and chief executive of WitnessAI, in a statement. “We are the only AI security vendor that can secure every AI interaction, everywhere, with a unified solution. The alternative is trying to stitch together secure workflows using network proxies, firewalls, DLP products and XDR agents. In short, the alternative is a complex mess.” Founded in 2023 by Rick Caccia and Gil Spencer , the company is incubated and co-led in funding by San Mateo-based Ballistic Ventures . In the past 12 months, WitnessAI reported more than
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