Lasso Security, an Israel-based cybersecurity startup, raised $6 million in its recent seed funding round. The investment was led by Entrée Capital, with participation from Samsung Next. The company was in stealth mode and now has revealed its offerings with this latest seed round.
With technological revolutions, cybersecurity has always been an important part. Be it the internet revolution, cloud technology, or now generative AI, cybersecurity is a crucial part of the large-scale adoption of the technology. With the revolution of AI, where generative AI models and LLM are the backbone, cybersecurity is crucial when it comes to data exposure, security, and compliance risks, and Lasso Security is exactly the solution to this problem. Lasso Security is focused on equipping Gen AI and LLM companies with innovative security solutions to face threats like model theft, malicious code generation, prompt injection, data poisoning, and supply chain attacks.
The company’s co-founders are Elad Schulman, Lior Ziv, Ophir Dror, and Yuval Abad, and it is headquartered in Tel Aviv-Yafo, Tel Aviv District, Israel.