Artificial Intelligence

Cisco to Acquire AI Security Firm Robust Intelligence

Cisco intends to acquire Robust Intelligence, a California-based company that specializes in securing AI applications.

Cisco intends to acquire Robust Intelligence, a California-based company that specializes in securing AI applications.

Cisco announced on Monday that it’s in the process of acquiring Robust Intelligence, a California-based company that specializes in securing AI applications.

Financial details of the deal have not been disclosed. Robust Intelligence announced funding rounds totaling $44 million between 2019 and 2021, and Cisco now says it has also invested in the company. 

Robust Intelligence has developed an AI application security platform that automates testing for safety and security issues in AI models. 

The platform can detect and assess model vulnerabilities, and helps organizations protect their applications against attacks. These validation and protection components can be used together or independently. 

The company says its solutions are used by major organizations such as JPMorgan Chase, IBM, Expedia, and Deloitte.

“We see Robust Intelligence as a natural fit for Cisco that reinforces our dedication to responsible AI and providing better outcomes through security for AI and AI for security. Robust Intelligence’s focus and deep expertise in AI model security and governance perfectly complements our existing capabilities, accelerating our roadmap for the Cisco Security Cloud,” Cisco said.

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It added, “The combination of Cisco and Robust Intelligence means that we can deliver advanced AI security processing seamlessly into the existing data flows, by inserting it into Cisco security and networking products. This will provide Cisco with unparalleled visibility into all of a customer’s AI traffic, enabling customers to build, deploy, and secure AI applications with confidence.”

A SecurityWeek analysis showed that 178 cybersecurity-related mergers and acquisitions were announced in the first half of 2024

Related: Cybersecurity M&A Roundup: 25 Deals Announced in July 2024

Related: Wiz to Pursue IPO as It Walks Away From $23 Billion Google Deal

Related: CrowdStrike Hits Back at Action1 Following $1 Billion Acquisition Rumors

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