Samsung Participates in Series Funding Round for Security and AI Startup Protect AI
Publication Time:2024-08-02 02:21:06
The startup company Protect AI, operating in the field of security and artificial intelligence, has announced securing $60 million in investment. This move aims to capitalize on the significant business potential brought about by the intersection of artificial intelligence and security technologies. The funding round was led by Evolution Equity Partners, bringing Protect AI's valuation to $400 million. Notably, this funding round attracted new investors, including heavyweight tech company Samsung Electronics Co. and renowned venture capital firm Salesforce Ventures, along with other strategic investors. These new partners will inject fresh momentum and resources into the development of Protect AI, jointly driving innovation and growth in the realm of AI security.
Artificial Intelligence
Security
Evolution Equity Partners
01 Advisors
Salesforce Ventures
Samsung Electronics
startups
funding round
Protect AI