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LLM Security Startup Lasso Emerges From Stealth Mode

Lasso Security raises $6 million in seed funding to tackle cyber threats to secure generative AI and large language model algorithms.

End-to-end generative AI security startup Lasso Security has emerged from stealth mode with $6 million in a seed funding round led by Entrée Capital, with additional investment from Samsung Next.

Established earlier this year, the Tel Aviv-based company is building technology to tackle the cyber threats faced by generative AI and large language models (LLMs) and prevent data exposure, and security and compliance risks.

By protecting every LLM touchpoint, Lasso wants to help secure businesses that leverage generative AI and other LLM technologies, to allow them to fully deploy the technologies in production environments.

Lasso says it can prevent data poisoning, model theft, malicious code generation, prompt injection, and supply chain attacks targeting LLMs, to secure commercial data and customer and employee privacy.

Additionally, the company says its product will provide oversight for sensitive data disclosures, and can identify the LLM-based tools used by employees and provide guidance on their safe use in real-time.

Lasso says it will use the investment to expand its team and improve its products.

“Our mission is to equip businesses with robust defenses to safeguard their systems, including those using generative AI technologies that leverage LLMs. Every data point, command, and prompt generated by LLMs will be under the vigilant oversight of our sophisticated security platform, enabling teams to embrace generative AI without jeopardizing their data’s safety and security,” Lasso Security CEO Elad Schulman said.

Related: Application Security Startup Aikido Raises €5 Million

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Related: Cavelo Raises CA$5 Million for Attack Surface Management Platform

Related: Tidal Cyber Raises $5 Million for Threat-Informed Defense Platform

Related: Risk Ledger Raises £6.25 Million for Supply Chain Security Solution

Written By

Ionut Arghire is an international correspondent for SecurityWeek.

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