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Protecto Secures $4M Seed Funding Round To Empower Enterprises With Trusted Ai

Nov 08, 2023about 2 years ago

Amount Raised

$4 Million

Round Type

seed

CupertinoMachine LearningArtificial IntelligenceSoftware

Investors

Sarah ArmstrongSpeciale InvestArali VenturesForty Two VcBetter CapitalTogether Fund

Description

Protecto, a leading data privacy solution enabling safer AI, today announced the close of a $4 million seed funding round. Together Fund led the round with participation from Better Capital, FortyTwo VC, Arali Ventures and Speciale Invest.

Company Information

Company

Protecto

Location

Cupertino, California, United States

About

Based in Silicon Valley, Protecto protects enterprise data across the GenAI project lifecycle, from synthetic data generation for model development to protecting sensitive data while users interact with large language models (LLMs). With a core belief in privacy as a fundamental human right, Protecto is committed to driving technological innovation by enhancing the safety of AI systems. Protecto operates from its headquarters in San Jose, CA, and an advanced development center in the tech hub of Bengaluru, India. Founded in 2021, Protecto is backed by Together Fund, Better Capital, 42 VC, Arali Ventures and Speciale Invest. For more information, visit www.protecto.ai.

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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