Tech Company Financing Transactions
Lasso Security Funding Round
Lasso Security, based in New Castle, secured $6 million from Entree Capital and Samsung NEXT.
Transaction Overview
Company Name
Announced On
11/22/2023
Transaction Type
Venture Equity
Amount
$6,000,000
Round
Seed
Investors
Entree Capital (Lead Investor)
Proceeds Purpose
The company intends to use the funds to expand its team and further enhance its offerings.
Company Information
Company Status
Private & Independent
Industry
Security
Mailing Address
Undisclosed
New Castle, DE Undisclosed
USA
New Castle, DE Undisclosed
USA
Phone
Undisclosed
Website
Email Address
Overview
Developer of a cybersecurity platform designed to safeguard large language models from evolving threats, ensuring the secure and trusted adoption of AI technology. The company's platform provides end-to-end protection for LLMs, encompassing both external threats and internal errors that could lead to data exposure by leveraging advanced AI-powered detection techniques, enabling customers to harness the power of LLMs with confidence, without compromising security or privacy.
Management Team
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Where The Data Comes From
We do our best to report on tech company VC transactions. VC investment data records reported here are derived from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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