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Kindo raises $20.6M in funding to bring security to enterprise AI

Jul 15, 2024over 1 year ago

Amount Raised

$20.6 Million

Los AngelesMachine LearningSaasArtificial IntelligenceSoftwareAnalytics

Investors

Sunset VenturesNew Era VenturesEniac VenturesRiot VenturesMarlinspike PartnersRre VenturesDrive Capital

Description

Kindo, an enterprise AI security platform, has raised $20.6 million in funding and acquired open-source security project WhiteRabbitNeo. The round was led by Drive Capital, with participation from existing Kindo investors RRE Ventures, Marlinspike Partners, Riot Ventures, Eniac Ventures, New Era Ventures, and Sunset Ventures. The new round brings the total funding raised by the company to $27.6 million.

Company Information

Company

Kindo

Location

Los Angeles, California, United States

About

Our mission is to elevate the workforce by providing the only truly open AI platform for all businesses, SMB to Enterprise, designed to empower every worker. We champion flexibility and freedom, allowing any AI model, private, open-source, or commercial, to interact with 200+ integrations, and develop AI workflows to end busy work, all while maintaining centralized control, security, and compliance. With Kindo, the future of work is adaptable, secure, and tailored for each unique business need.le.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech