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Protect AI acquires SydeLabs to enhance LLM security testing capabilities

PRIVATEJul 31, 2024

Acquiring Company

Protect AI

Acquired Company

SydeLabs

SeattleSecuritySoftwareArtificial IntelligenceMachine Learning

Description

Protect AI, a leader in AI security, has announced the acquisition of SydeLabs, a pioneer in AI security specializing in red teaming generative AI systems. The strategic acquisition is aimed at enhancing the Protect AI platform's ability to test and improve LLM security, providing customers with unmatched red teaming capabilities and a comprehensive defense-in-depth solution for building, managing, testing, deploying, and monitoring LLMs.

Quick answer

Protect AI is acquiring SydeLabs, announced July 31, 2024. Protect AI is based in Seattle, Washington, United States.

How much did Protect AI pay for SydeLabs?
The deal value was not disclosed.
What does Protect AI do?
Protect AI is a cybersecurity company focused on AI & ML systems.
Where are Protect AI and SydeLabs based?
Protect AI is based in Seattle, Washington, United States.
Who are the decision-makers at Protect AI?
Fundz holds 1 contact at Protect AI. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Protect AI

Location

Seattle, Washington, United States

About

Protect AI is a cybersecurity company focused on AI & ML systems. Through the delivery of innovative security products and thought leadership in MLSecOps, we help our customers build a safer AI powered world. Protect AI is based in Seattle, Washington, with offices in Dallas, Texas, and Raleigh, North Carolina. The company is directed by proven leaders in AI and ML with funding from successful venture partners in cybersecurity and enterprise software.

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Frequently asked

Who acquired SydeLabs?

SydeLabs was acquired by Protect AI, based in Seattle. The deal was reported on July 31, 2024. Protect AI is a cybersecurity company focused on AI & ML systems. Through the delivery of innovative security products and thought leadership in MLSecOps, we help our customers build a safer AI powered world. Protect AI is privately held and operates in Security.

When did Protect AI acquire SydeLabs?

Protect AI's acquisition of SydeLabs was reported on July 31, 2024. Protect AI, a leader in AI security, has announced the acquisition of SydeLabs, a pioneer in AI security specializing in red teaming generative AI systems. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does SydeLabs do?

SydeLabs is a pioneering AI security company specializing in automated red teaming for GenAI systems. Founded by former leaders from Google and MPL, SydeLabs has developed SydeBox, a leading product designed to identify and mitigate vulnerabilities in LLMs. It is privately held, operating in Software.

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