Calypso Ai Appoints Donnchadh Casey As Chief Executive Officer, Succeeding Founder Neil Serebryany

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The startup today announced that it raised $23 million in a Series A-1 round led by Paladin Capital Group with participation from Lockheed Martin Ventures, Hakluyt Capital and Expeditions Fund. “While every company wants to reap the benefits of generative AI solutions — namely the clear productivity gains — they also want to make sure they aren’t subject to cyberattacks and that employees don’t expose sensitive information to public models,” Sereybrany added. CalypsoAI’s current headcount stands at 35 employees, and the startup recently opened an office in Dublin — a part of CalypsoAI’s plan to double its workforce over the next two years. It’s partly for these reasons that Neil Sereybrany founded CalypsoAI, a startup developing software to test, validate and monitor internally-developed as well as third-party AI apps prior to their deployment. CalypsoAI claims that its tools — deployed as a container within an organization’s infrastructure — allow businesses to monitor and shape the usage of large language models such as ChatGPT, via dashboards that show stats related to the toxicity of the models, user engagement and more. ”Sereybrany says that CalypsoAI will use the funding from the latest tranche to drive product development, hiring and the company’s go-to-market initiatives.