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Lasso Security Emerges From Stealth With $6 Million Seed Funding To Pioneer Gen Ai And Advanced Llm Cybersecurity

PRIVATENov 20, 2023

Amount Raised

$6 Million

Round Type

Seed

Tel AvivArtificial IntelligenceSecurityCyber Security

Investors

LassoSamsung NEXTEntrée Capital

Description

Lasso Security, innovators in Large Language Models (LLMs) cybersecurity, today announced a $6 million seed round led by Entrée Capital with the participation of Samsung Next. Every few years there's a major technological revolution. In the 90s, it was the internet; in the 2010s, it was the cloud and most recently, we have Generative AI. The revolution that Gen AI and LLMs technologies have brought to organizations has been significantly embraced by hundreds of millions of end-users and hundreds of thousands of organizations

Quick answer

Lasso Security raised $6 Million in a Seed round, dated November 20, 2023. Investors: Lasso, Samsung NEXT and Entrée Capital. Lasso Security is based in Tel Aviv, Tel Aviv District, Israel.

How much did Lasso Security raise?
Lasso Security raised $6 Million in a Seed round on November 20, 2023.
Who invested in Lasso Security?
Lasso, Samsung NEXT and Entrée Capital are named as investors in this round.
What does Lasso Security do?
Lasso Security is a pioneering comprehensive LLM cybersecurity startup that is committed to addressing the evolving threats and challenges that businesses are beginning to encounter with large language models (LLMs) at..
Where is Lasso Security based and how big is it?
Lasso Security is based in Tel Aviv, Tel Aviv District, Israel. Fundz records about 11 employees.
Who are the decision-makers at Lasso Security?
Fundz holds 2 contacts at Lasso Security, including the Co-Founder & COO. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Security and Cyber Security around the same time

Companies in the same sectors as Lasso Security that raised within 45 days of this round, from Fundz verified event records.

  • TrojAI raised $2M (Seed) on November 15, 2023.
  • Radiant Security raised $15M (Funding Round) on November 14, 2023.
  • Ambient raised $20M on October 30, 2023.
  • Phosphorus raised $27M on December 20, 2023.
  • BIO-key International raised $548K (Seed) on December 20, 2023.
  • Halcyon raised $40M (Funding Round) on December 19, 2023.

Who to call at Lasso Security, and when

A new round usually means Lasso Security is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Lasso Security raises, hires an executive or expands, scored against what you sell
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Company Information

Company

Lasso Security

Location

Tel Aviv, Tel Aviv District, Israel

About

Lasso Security is a pioneering comprehensive LLM cybersecurity startup that is committed to addressing the evolving threats and challenges that businesses are beginning to encounter with large language models (LLMs) at every touchpoint within their organizations. Founded in 2023 by Elad Schulman, Lior Ziv, Ophir Dror, and Yuval Abadi, Lasso is on a mission to help businesses deploy Generative AI successfully while ensuring the security of commercial data and the privacy of customers and employees.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Lasso Security raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

2 contacts
Verified contactsYuval, Co-Founder & COO hiddenSee plans and pricing
Predictive Intelligence
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Lasso Security raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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