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December 20, 2022
Protect AI, a cybersecurity company focused on the security of artificial intelligence and machine learning systems, emerged from stealth with $13.5 million seed funding and its first product, NB Defense. The free product is the industry's security solution to address vulnerabilities in a core component used at the beginning of the machine learning supply chain – Jupyter Notebooks. The company was founded by a leadership team who have led AI businesses from AWS and Oracle, with track records of creating new market categories and launching successful startups in the ML space. The round was co-led by cybersecurity investors Acrew Capital and boldstart ventures. Additional investors include Knollwood Capital, Pelion Ventures, Avisio Ventures, and cybersecurity leaders Shlomo Kramer, Nir Polak and Dimitri Sirota. It was also announced that Mark Kraynak and Ed Sim joined the Protect AI Board of Directors. The privately-held company is based in Seattle, with offices in Dallas and Raleigh.