Tue, Oct 15 2024

$10 million in early money is secured by Bedrock Security to use AI to revolutionize data protection.

March 28, 2024
2 Min Reads

A noteworthy turning point in Bedrock Security's journey was recently reported. Bedrock Security is a promising newcomer in the data security space.

AI

Silicon Angle reports that the startup, which wants to change the way companies safeguard their private data, has closed a $10 million seed round of funding. Greylock, a prominent player in the venture capital industry, led the cash infusion.

 

Fundamentally, Bedrock Security's cutting-edge platform is revolutionizing the data security sector. The startup, which uses artificial intelligence to safeguard and get a thorough understanding of a company's most important data from the moment it is created, is powered by what it calls the AIR Engine. This novel method guarantees the smooth safeguarding of confidential data, which is especially important for businesses that use generative AI models.

 

The startup wants to make it easy for businesses to identify, manage, and secure their critical data on a continual basis without compromising operational efficiency. At the center of this endeavor is the AIR Engine, which offers strong protection measures for generative AI workloads, automated data risk management, and improved data visibility through AI-powered reasoning.

 

With the additional funding, Bedrock Security intends to quicken the platform's development. With this funding, the startup will be better equipped to satisfy the growing needs of data-driven modern organizations eager to safely integrate generative AI and other cutting-edge data-centric technologies.

 

Pranava Adduri, the CEO and co-founder of Bedrock Security, highlighted the fundamental importance that data plays in corporate success, particularly in the age of generative AI, among other insightful remarks. The business promises improved protection for regulated data and intellectual property, differentiating itself from more established data security solutions.

 

Adduri observed, "Retrieval Augmentation Generation and other modern LLM architectures ingest a large volume and variety of data very quickly." "Bedrock, in contrast to legacy solutions, can effectively ensure that these AI models do not incorporate protected information, such as regulated data and core IP."

 

Prominent industry analysts, such as Holger Mueller of Constellation Research Inc., have applauded the shift in data security towards automation. Mueller emphasized the importance of Bedrock Security's work during this revolutionary time by highlighting the possibility of AI in removing manual data cataloging inefficiencies and inaccuracies.

 

Greylock's investment in Bedrock Security demonstrates their belief in the startup's goal of creating a new industry standard for data security—one in which data is protected from creation and allows businesses to use it without concern.

Leave a Comment
logo-img Fintech Newz

All Rights Reserved © 2024 Fintech Newz