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Home»AI»Enkrypt AI raises $2.35 million to build visibility and security layer for Gen AI
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Enkrypt AI raises $2.35 million to build visibility and security layer for Gen AI

5gantennas.orgBy 5gantennas.orgFebruary 28, 2024No Comments5 Mins Read
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Enkrypt AI stands out by integrating threat detection, privacy, and compliance into a comprehensive toolkit to ensure enterprise deployments of LLM and generative AI are secure, reliable, and compliant. I am.

BOSTON, MA–(Newsfile Corp. – February 27, 2024) – Enkrypt AI today announced a $2.35 million funding round to solve this problem for enterprises and build generative AI and large-scale languages. Ensures safe use of the model (LLM). And compliant. Generative AI and LLM offer businesses the opportunity to gain new efficiencies and improve capabilities, but the safety and security of such technologies remains an obstacle. The seed funding round was led by Boldcap with participation from Berkeley SkyDeck, Kubera VC, Arka VC, Veredas Partners, Builders Fund, and angel investors in AI, healthcare, and enterprise.

Enkrypt AI was founded in 2022 by Yale PhD students and AI practitioners Sahil Agarwal (CEO) and Prashanth Harshangi (CTO). Enkrypt AI allows companies to have a layer of control between these LLMs and end users to provide security and safety features. Enkrypt AI Sentry is able to mitigate a wide range of LLM vulnerabilities and has been demonstrated to reduce jailbreaks from 6% to 0.6% in the case of LlaMa2-7B. The Enkrypt AI team has developed and deployed AI models across a variety of sectors, including the U.S. Department of Defense and various companies in self-driving cars, music, insurance, and fintech.


Enkrypt AI provides 360-degree security view with Sentry proposal

To view an expanded version of this graphic, please visit:
https://images.newsfilecorp.com/files/8814/199583_e8da921c1452e88d_002full.jpg

Enkrypt AI’s Sentry is the only platform that combines visibility and security for enterprise generative AI applications, allowing businesses to securely and accelerate generative AI adoption with confidence. A leading Fortune 500 data infrastructure company uses Sentry to gain complete access control and visibility into all LLM projects, detect and mitigate LLM attacks such as jailbreaks and hallucinations, and protect sensitive data. Prevents leakage. This will ultimately lead to rapid adoption of his LLM in even more use cases across the department.

sahil agarwalCo-founder and CEO of Enkrypt AI commented: “Companies are very excited about using LLMs, but at the same time they are concerned about how reliable they are and the uncertain regulatory landscape. Based on our conversations with CIOs, CISOs, and CTOs, we We believe that for LLM to be widely adopted, it must be built on a foundation of security, privacy, and compliance, and we are using Sentry to provide visibility and security. and ultimately align with and support compliance with regulatory frameworks such as White House Executive Orders. Secure and compliant AI integration with respect to AI, EU AI laws, and other AI-centric regulations. Lay the foundation.”

Prashanth Harshangi, co-founder and CTO of Enkrypt AI, commented:: “As the benefits of AI become increasingly clear, so do the risks. Our platform not only detects vulnerabilities, but also empowers developers to harden their AI solutions against both current and future threats.” The trust-innovation paradigm enables the deployment of AI technologies that are innovative, yet secure and reliable.”

Enkrypt AI is proven to help enterprises accelerate their generative AI adoption by up to 10x, allowing them to deploy applications into production within weeks, compared to the current projection of two years within enterprises. Their comprehensive approach addresses key concerns that cause hesitation among corporate decision makers.

  • Gain unparalleled visibility and monitoring of LLM usage and performance across business functions.

  • Ensure data privacy and security by protecting sensitive information and protecting against threats.

  • Manage compliance with evolving standards through automated monitoring and strict access controls.

AI safety has become a key concern for policymakers and experts. Earlier this month, the U.S. government’s NIST standards organization established the AI ​​Safety Consortium. At a time when generative AI is becoming a transformative force across industries, securing these systems is more than a best practice, it’s a necessity.

sahil agarwal He added: “At Enkrypt AI, our mission is to provide tools that allow businesses to not only harness the incredible potential of generative AI, but also to do so with maximum confidence in the security and compliance of their applications. “With the advanced capabilities of our platform, we are setting a new standard in AI safety, enabling widespread adoption of AI innovations in a responsible manner while protecting users and organizations from emerging threats.”

Sathya Nellore Sampat, BoldCap General Partner – “We are very excited to support experts like Sahil and Prashanth at the intersection of security and Gen AI. Enterprise security is non-negotiable. As the use of AI and LLM has exploded, the attack surface has increased dramatically. Enkrypt is the command center for control, monitoring, and visibility across Gen AI efforts.”

Company Profile: About Enkrypt AI Enkrypt AI was co-founded by Yale PhD students Sahil Agarwal and Prashanth Harshangi and is pioneering the secure implementation of Generative AI within the enterprise. Enkrypt AI revolutionizes the way large language models (LLMs) are integrated and managed with an innovative all-in-one platform that addresses critical needs for reliability, security, data privacy, and compliance with an integrated solution. Enkrypt AI’s Sentry is used by medium to large enterprises in industries such as finance and life sciences to provide a proactive approach to AI security, ensuring the reliability and reliability of AI implementations from chatbots to automated reporting. Promote efficiency. Enkrypt AI sits between the user and the AI ​​model, providing various layers of safety and security. Enkrypt AI stands out by integrating threat detection, privacy, and compliance into a comprehensive toolkit, poised to become the definitive enterprise generative AI platform for the evolving regulatory landscape. For more information, please visit https://www.enkryptai.com/ or follow us via LinkedIn, X, Instagram, or YouTube.

Contact Information:
Name: Bilal Mahmoud
Email: b.mahmood@stockwoodstrategy.com
Organization: Enkrypt AI
Website: https://www.enkryptai.com/

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/199583.



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