Chatbot start-up SplxAI lands $2m amid growing cybersecurity threat
A start-up which helps companies protect against cyberattacks targeting their AI chatbots has raised millions of dollars to fund its expansion.
Sky News understands that SplxAI, which was founded earlier this year, will announce this week that it has secured $2m from investors led by Inovo.vc, South Central Ventures and Runtime Ventures.
The company says it aims to plug “gaping security holes” in conversational AI, with chatbots now used by more than 1.5 billion people globally.
It has built what it describes as an advanced security platform called Probe which can identify vulnerabilities in chatbot systems before they are exposed by cyberattackers.
Angel investors including David Politis, founder of BetterCloud, and Elad Schulman, whose company Segasec was sold to Mimecast, have also invested in SplxAI’s pre-seed round.
The issue of AI chatbot security has become increasingly critical as their use has exploded in recent years.
Many large companies now use them in place of armies of customer service agents, although their effectiveness is often mixed.
Source: Sky News