Prompt Security News
9 articles
Earnings beat expectations while $250 million Prompt deal underscores SentinelOne’s push to sharpen its AI capabilities.
SentinelOne is focusing on artificial intelligence to drive its growth, as evidenced by its recent acquisition of Israeli startup Prompt Security for $250 million. The cybersecurity company reported a 22% increase in second-quarter revenue, reaching $242.2 million, and raised its full-year revenue forecast to between $998 million and $1.002 billion. CEO Tomer Weingarten highlighted the companys AI-first approach and the success of its Purple AI tool in enhancing threat remediation. The acquisition of Prompt Security is seen as a strategic move to strengthen SentinelOnes position in AI-powered security. The company also emphasized the importance of partnerships in expanding the adoption of its Singularity platform.
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SentinelOne announces Prompt Security acquisition, expands into GenAI security | CTech
SentinelOne has announced its acquisition of Prompt Security, an Israeli startup specializing in AI security, for an estimated $250 million. This acquisition marks a strategic expansion for SentinelOne into the realm of generative and agentic AI, a rapidly growing sector in enterprise technology. Prompt Security, founded in August 2023, focuses on securing AI interactions to prevent data leaks and misuse. The deal, expected to close in SentinelOnes third fiscal quarter, is seen as a significant return for Prompt Securitys investors, including Hetz Ventures and Jump Capital. The acquisition reflects the increasing importance of AI security as generative AI becomes more prevalent in the cybersecurity landscape.
Acquisition
Prompt Security, Lasso, Aim, Pillar, and Noma are all tipped as the next targets in Israel’s red-hot AI-cyber M&A race.
The article discusses the burgeoning AI-cybersecurity M&A activity in Israel, highlighting companies like Prompt Security, Lasso, Aim, Pillar, and Noma as potential acquisition targets. The AI revolution has significantly impacted the cybersecurity sector, with attackers using AI for sophisticated attacks and defenders leveraging AI for advanced security tools. Recent acquisitions, such as Palo Alto Networks acquiring Protect AI for $700 million, have sparked a frenzy in the market. U.S. companies like Zscaler and F5, along with Israeli firm Check Point, are actively seeking acquisitions. Despite founders desires to remain independent, venture funds are pushing for exits, with several Israeli AI-cyber exits expected soon. The focus is on acquiring talent and technology rather than mature products, as seen in recent deals.
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Lasman served as VP of Engineering at BigID in his most recent role and prior to that worked for over 15 years at Check Point.
Prompt Security, a generative AI security startup, has appointed Yoav Lasman as VP of R&D. Lasman brings extensive experience from his previous roles at BigID and Check Point. The company, founded in 2023 by Itamar Golan and Lior Drihem, has raised a total of $23 million, including a recent $18 million Series A round. Prompt Security helps enterprises adopt GenAI safely by protecting against AI-specific risks. The company serves dozens of organizations, including Fortune 500 companies like Royal Caribbean and Riskifield. With 30 employees in Israel and the U.S., Prompt Security is expanding its workforce. The company is actively developing AI technology but has not mentioned FDA approval.
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Prompt Security raises $18 million Series A to protect enterprises from GenAI risks | CTech
Prompt Security, an Israeli cybersecurity startup, has raised $18 million in a Series A funding round led by Jump Capital, with participation from Hetz Ventures, Ridge Ventures, Okta, and F5. This investment brings the companys total funding to $23 million. Founded in August 2023 by Itamar Golan and Lior Drihem, Prompt Security specializes in protecting enterprises from generative AI threats. The company has rapidly expanded its customer base, including several Fortune 500 companies such as Royal Caribbean and Riskified. With 30 employees across Israel and the U.S., Prompt Security plans to hire more staff to support its growth. The funding will help the company enhance its platform, which offers security and governance for AI tools like Microsoft 365 Copilot.
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Prompt Security Launches First GenAI Security Solution for MSSPs and Unveils new MSSP partnerships
Prompt Security, a Generative AI (GenAI) Security platform, has announced its product and go-to-market support for Managed Security Service Providers (MSSPs). The company has already formed partnerships with MSSPs across Europe, the Middle East, North America, and the Asia-Pacific region. The platforms multitenancy and ease of deployment allow MSSPs to onboard new customers effortlessly. The companys solution inspects each prompt and model response to prevent the exposure of sensitive data, block harmful content, and secure against GenAI-specific attacks. It also provides enterprise leadership with complete visibility and governance over the GenAI tools used within their organization.
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Despite reserve duty, startup Prompt Security raises $5m
Israeli AI security company, Prompt Security, has announced a successful fundraising round of $5 million. The company, which was founded in August and only recently emerged from stealth, is developing a security and privacy platform for AI tools. Despite three of its twelve employees, including CEO Itamar Golan, serving in the IDF reserves during the fundraising period, the round was successful and led by Hetz Ventures. Other participants included Four Rivers, CyberFuture, and private investors from Elastic, Airbnb, and Dolby. The company has also been in talks with potential customers.
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Prompt Security wants to make GenAI safe for the enterprise | TechCrunch
Prompt Security, an Israel-based company, has raised $5 million in a seed funding round led by Hetz Ventures, with participation from Four Rivers and angel investors including CISOs at Airbnb, Elastic and Dolby. The company aims to help businesses secure their generative AI tools and prevent data leakage. The firms tools detect patterns related to generative AI usage and enforce policies to prevent data breaches. The company is also working on securing applications in production and plans to help developers secure their applications during development and testing phases.
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Prompt Security Launches With AI Protection for the Enterprise
Prompt Security, a start-up specializing in securing AI products, has launched with a solution that uses AI to protect against prompt injection, jailbreaks, and accidental exposure of sensitive data. The company aims to address the risks associated with the adoption of generative AI (GenAI), such as the opaqueness of third-party tools, a lack of consensus on GenAI guidelines and policies, and data governance concerns. The solution also catalogs the array of AI tools used within an organization, allowing the security team to monitor usage and define access policies. Prompt Security raised $5 million in a seed round led by Hetz Ventures.
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