tech

Arcade.dev raises $60M to secure enterprise AI agents

The problem with letting an AI agent loose inside a company is not that it might forget who it is. It is that it has no reason to hold back.

Arcade.dev raises $60M to secure enterprise AI agents

TL;DR

  • Arcade.dev raised $60 million in a Series A led by SYN Ventures, with participation from Morgan Stanley and Wipro, bringing its total funding to $72 million.
  • The company's solution addresses the challenge of authorizing AI agents, ensuring they only perform actions they are permitted to on specific systems.
  • Arcade's authorization layer operates independently of the AI model, preventing the agent from authorizing its own actions.
  • The system runs runtime checks against an organization's permissions, can operate within a customer's environment, and logs all actions.
  • The company believes the critical need for secure AI agent management presents a significant business opportunity.