SydeLabs, a startup specializing in AI security and risk management, raised a $2.5 million seed funding round led by RTP Global, with participation from Picus Capital and angel investors.
Amid growing concerns over the security implications of Generative AI, SydeLabs aims to fortify these systems against new cybersecurity vulnerabilities. Co-founded by cybersecurity expert Ruchir Patwa and product leader Ankita Kumari, the startup aims to address the safe and secure deployment of AI applications across enterprises.
The founders, leveraging their extensive experience in the security domain at companies like Google and McKinsey, are focused on the preemptive identification and mitigation of AI vulnerabilities to curb potential abuse and cyber-attacks. SydeLabs’ platform is designed to strengthen enterprise defenses by providing advanced detection and prevention capabilities tailored to the unique threats presented by Generative AI technologies.
With the rise of Generative AI in the enterprise sector, companies face increased risk from social engineering and data misuse. The startup is relying on research partnerships with Chief Information Security Officers (CISOs) to navigate these emerging challenges.