Apex Emerges from Stealth With $7 Million In Seed Funding to Empower Secure AI Adoption, with a direct investment from Sam Altman
Apex, the leader in AI security, announced that it emerged from stealth with $7 million in seed funding. The round was co-led by Sequoia Capital and Index Ventures, with participation from notable angel investors, including Sam Altman, CEO of OpenAI.
implementation of businesSince the launch of ChatGPT in late 2022, there has been an exponential rise in the adoption of Generative AI capabilities across all industries in the world. Effectively, GenAI is becoming the core of every company, as 80% of Fortune 500 companies already have employees using ChatGPT for work. However, this rapid uptake of AI applications brings forth a range of security challenges for businesses, including potential data leaks, the risk of malicious data injection into organizational systems, concerns related to privacy and copyright infringements, as well as the looming threat of sophisticated AI-driven cyberattacks.
Apex built a security platform that provides organizations with comprehensive visibility of their AI activity, allowing them to define how AI is used across the organization and enforce security policies accordingly.
The company was founded by Matan Derman (CEO) and Tomer Avni (CPO), who met at the elite intelligence unit 8200 where they served as distinguished officers at the ranks of Lieutenant Colonel and Captain.
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