HiddenLayer nabs $100M as enterprises rush to secure their AI deployments
HiddenLayer has raised a $100M Series B from Delta-v Capital, Ten Eleven Ventures, Morgan Stanley, Microsoft's M12, Booz Allen Hamilton, and others.
TL;DR
- HiddenLayer raised $100 million in Series B funding.
- The market for AI security tools is rapidly expanding, with Gartner predicting significant spending increases.
- HiddenLayer's annual recurring revenue grew more than 10x in the past year.
- The company's services protect AI models, agents, and workflows from various threats.
- Key verticals include financial services, large tech companies, and the Department of Defense.
- The new funding will support sales, distribution, engineering, research, and international expansion into Europe and EMEA.
- HiddenLayer is extending its products to address prompt injection, agent manipulation, and malicious tool use.