PRESS RELEASE
Tel Aviv – November 20, 2023 – Lasso Security, innovators in Large Language Models (LLMs) cybersecurity, today announced a $6 million seed round led by Entrée Capital with the participation of Samsung Next. Every few years there’s a major technological revolution. In the 90s, it was the internet; in the 2010s, it was the cloud and most recently, we have Generative AI. The revolution that Gen AI and LLMs technologies have brought to organizations has been significantly embraced by hundreds of millions of end-users and hundreds of thousands of organizations. This swift adoption also presents a pressing issue — the significant cybersecurity challenges posed by LLMs, including data exposure, security and compliance risks. Lasso is setting the standard for LLM cybersecurity by safeguarding every LLM touchpoint, ensuring unrivaled, comprehensive protection for businesses leveraging Gen AI and other large language model technologies. The company intends to utilize the funds to expand its team and further enhance its offerings.
Lasso Security’s mission is focused on equipping Gen AI and LLM pioneers with innovative security solutions that allow…
