Generative AI Security Startup CalypsoAI Raises $23M in Series A Funding

Jun 28, 2023

Summary:

CalypsoAI, a generative AI security startup, has raised $23 million in a Series A funding round led by Paladin Capital Group. The company’s technology is designed to test and monitor software that utilizes large language models (LLMs), including ChatGPT and other popular generative AI tools. CalypsoAI’s software is embedded in its clients’ infrastructure, allowing it to evaluate the performance of generative AI products, detect potential issues, and prevent the sharing of private data or negative brand representation. The funding brings CalypsoAI’s total raised to $38.2 million.

Introduction:

CalypsoAI, a generative AI security startup, has secured $23 million in a Series A funding round led by Paladin Capital Group. The company offers technology that enables the testing and monitoring of software utilizing large language models (LLMs), such as ChatGPT. CalypsoAI’s software is integrated into its clients’ existing infrastructure to assess the quality of responses, identify potential issues, and ensure the safe engagement of generative AI with users. The funding raises the total amount raised by CalypsoAI to $38.2 million.

Main Points:

– CalypsoAI, a generative AI security startup, has raised $23 million in a Series A funding round led by Paladin Capital Group.
– The company’s technology allows for the testing and monitoring of software that uses large language models (LLMs).
– CalypsoAI’s software is integrated into its clients’ infrastructure to measure the quality of responses, detect potential issues, and prevent the sharing of private data.
– The funding brings CalypsoAI’s total raised to $38.2 million.

Conclusion:

CalypsoAI, a generative AI security startup, has successfully raised $23 million in a Series A funding round. The company’s technology is designed to test and monitor software that utilizes large language models (LLMs) like ChatGPT. By embedding its software into clients’ existing infrastructure, CalypsoAI can ensure the quality of responses, identify potential issues, and safeguard against the sharing of private data. With this latest funding, CalypsoAI has raised a total of $38.2 million, demonstrating investors’ confidence in its ability to deliver innovative solutions in the field of generative AI security.

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