AI Security Firm Pillar Secures $9M Funding to Revolutionize Enterprise Software Safety
Pillar Security, an innovative US startup focused on AI-native cybersecurity solutions, has successfully completed a significant $9 million seed funding round. This investment marks a pivotal moment for the company as it aims to enhance its offerings in the rapidly evolving field of AI-driven software security.
Funding Details and Investors
The funding round was spearheaded by Shield Capital, with contributions from other notable investors including Golden Ventures, Ground Up Ventures, and several strategic angel investors. This financial backing will be instrumental in advancing Pillar Security’s mission to provide comprehensive cybersecurity solutions tailored for AI technologies.
About Pillar Security’s Solutions
Pillar Security is dedicated to delivering an end-to-end security platform specifically designed for enterprises utilizing AI-powered software systems. As AI adoption becomes more prevalent in business environments, the company aims to tackle unique security challenges that existing cybersecurity tools often cannot address effectively. Key areas of focus include:
- Evasion attacks
- Data poisoning
- Intellectual property leakage
Accelerating AI Security Innovation
The recent funding will facilitate accelerated research and development efforts at Pillar Security while also enhancing its go-to-market strategy. The company’s goal is to assist enterprises in navigating the complexities of AI implementation and the associated security threats.
Industry Concerns and Insights
A recent survey by Deloitte revealed that 77% of cybersecurity leaders express high concern regarding risks linked to AI. Alarmingly, 40% of organizations surveyed reported experiencing an AI-related security or privacy breach, with a significant portion attributed to malicious activities.
Leadership Vision
CEO and co-founder of Pillar Security, Dor Sarig, emphasized the transformative impact of AI on software development, stating, “AI is fundamentally changing the way we build software — it doesn’t just add another step to traditional processes; it introduces an entirely new lifecycle.” He further elaborated on the company’s commitment to redefining application security to meet the demands of the Intelligence Age.
Conclusion
This funding round not only accelerates Pillar Security’s growth but also sets a new standard for AI security benchmarks. The company aims to empower organizations to innovate securely and foster collaboration among AI and security teams.
For more information about Pillar Security and its innovative solutions, visit their official website at Pillar Security.
