Knostic Raises $3.3M to Secure Generative AI with Innovative Access Controls
Knostic aims to secure the implementation and utilization of generative AI technologies in corporate environments through innovative access control solutions that safeguard valuable data and comply with organizational policies.
Company Name: Knostic
Location: Reston, VA and Tel Aviv, Israel
Sector: Cybersecurity
Funding Details: Raised $3.3M in Pre-Seed funding. Investors include Shield Capital, Pitango First, DNX Ventures, Seedcamp, and angel investors such as Kevin Mahaffey, David Cross, Bryson Bort, Travis McPeak, and Matthew Honea.
Purpose of Investment: To accelerate the adoption of Large Language Models (LLMs) by implementing need-to-know based access controls, enhancing organizational policy compliance, and facilitating early adoption of LLM-based tools.
Leadership: Co-founded by Gadi Evron and Sounil Yu, both veterans in the cybersecurity field with previous roles at major corporations such as Citibank and Bank of America.
Product: Knostic provides need-to-know access controls for LLMs, enabling secure, controlled, and efficient use of generative AI within organizations. The system ensures employees access only the necessary information needed for their roles, adhering to strict security and compliance standards.
About Company: Knostic aims to secure the implementation and utilization of generative AI technologies in corporate environments through innovative access control solutions that safeguard valuable data and comply with organizational policies.
