Highlights:
- According to Cranium, its software creates an AI security framework that gives data science and security teams the groundwork to develop a proactive, all-encompassing AI security program.
- Cranium ensures AI systems are reliable, safe, and compliant, managing sensitive data like customer, financial, and health information in accordance with legal requirements.
Cranium.ai Corp., an artificial intelligence security and trust software company separated from KPMG LLC in April, recently announced that it has raised an additional USD 25 million for innovation, R and D, and business growth.
Cranium is a startup incubator founded in 2022 by KPMG. It provides enterprise AI security and trust software that helps businesses obtain visibility, security, and compliance across their generative AI and AI systems. The software developed by Cranium works with current environments to integrate, train, and implement AI models without interfering with an organization’s workflow.
The platform offered by the company facilitates collaboration between cybersecurity and data science teams, giving essential stakeholders in the AI lifecycle a shared operational image that enhances visibility and teamwork. The inventory AI pipeline comprises developed and implemented pipelines and all related resources used over the AI lifecycle.
According to Cranium, its software creates an AI security framework that gives data science and security teams the groundwork to develop a proactive, all-encompassing AI security program. Additionally, the platform creates ongoing monitoring and records and measures AI security risks.
The software offers a single source of truth for AI security threats and is specifically designed to bridge the gap between data science, compliance, and cybersecurity teams. Cranium ensures AI systems are reliable, safe, and compliant, managing vital resources like customer data, financial, and health information in accordance with legal requirements.
Jonathan Dambrot, Chief Executive and Co-founder, said, “AI is being embedded into every business process and function at an unprecedented speed. Prioritizing responsible AI now, at the beginning of the AI revolution, will allow enterprises to scale more effectively and not run into major roadblocks and compliance issues later.”
The new funding, according to Cranium, will be used to increase the speed at which software platform innovation is developed through product development; scale go-to-market strategies, such as marketing and sales initiatives; permit research and development expenditures to gain more insight into the security of AI systems; improve security, regulation, and compliance in AI/ML environments against hostile threats; and provide more support to teams and clients.
The largest telecommunications business in Australia, Telstra Ventures LLC, led the Series A investment, in which KPMG and SYN Ventures LLC also participated. To date, Cranium has raised USD 32 million, including fresh capital.