Tech Company Financing Transactions
WitnessAI Funding Round
WitnessAI closed a $27.5 million Series A funding round on 5/21/2024. Investors included Ballistic Ventures, GV and private investors.
Transaction Overview
Company Name
Announced On
5/21/2024
Transaction Type
Venture Equity
Amount
$27,500,000
Round
Series A
Investors
Ballistic Ventures (Lead Investor) (Barmak Meftah)
GV (Lead Investor) (Karim Faris)
Proceeds Purpose
The funding will be used to accelerate development of new AI guardrails and build out a global sales and support organization.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
1100 Park Place 150
San Mateo, CA 94403
USA
San Mateo, CA 94403
USA
Phone
Website
Email Address
Not Recorded
Overview
WitnessAI is building the guardrails that make AI safe, productive, and usable. Our platform allows enterprises to innovate and enjoy the power of generative AI, without losing control, privacy, or security. Every decade or so, a major technology shift creates opportunity. And risk. Out of necessity, the next major security player is born. It happened in web, mobile, and cloud and it's happening again now with AI. Some startups get acquired and one makes it through to become a new leader.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Rick Caccia
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