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Protect Ai Acquires Huntr; Launches World’S First Artificial Intelligence And Machine Learning Bug Bounty Platform

Aug 08, 2023about 2 years ago

Acquiring Company

Protect AI

Acquired Company

NN, Inc.

SeattleCharlotteSecurity

Description

Protect AI, the leading artificial intelligence (AI) and machine learning (ML) security company, today announced the launch of huntr, a groundbreaking AI/ML bug bounty platform focused exclusively on protecting AI/ML open-source software (OSS), foundational models, and ML Systems. The company is a silver sponsor at Black Hat USA, Booth 2610.

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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M&A Insights

Based on deal data
Integration timeline
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Tech stack consolidation
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Post-acquisition investment
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Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed