Enterprise Ai Security Firm Knostic Lands 11M To Boost Security

Knostic Secures $11 Million to Revolutionize Enterprise AI Security

Cybersecurity startup Knostic has raised an impressive $11 million to tackle the growing risk of enterprise AI data leaks. This latest funding round brings the company’s total investment to $14 million, solidifying its position as a key player in enterprise AI security.

Founded in 2023 by Gadi Evron and Sounil Yu, both seasoned cybersecurity veterans, Knostic is poised to make waves in the industry. The co-founders have extensive experience in enterprise security, which serves as a testament to their dedication to addressing the pressing issue of AI-driven data leaks.

Enterprise AI search tools often lack granular access controls, increasing the risk of sensitive information being inadvertently shared across an organization. This is where Knostic comes into play, offering a solution that embeds security at the knowledge layer. By ensuring that AI-powered queries return only the information users are authorized to see, Knostic solves this critical problem.

Knostic’s approach to enterprise AI security is multifaceted and comprehensive. The company offers services including Copilot Readiness Assessments, AI-powered Need-to-Know Policies, Continuous Monitoring & Remediation, and Protection for Future AI Applications.

Copilot Readiness Assessments identify sensitive information at risk of being overshared before LLM tools are deployed. This ensures that businesses can adopt these tools without compromising security. Knostic’s Need-to-Know Policies also ensure that enterprise AI search returns only the information relevant to each user’s access level, reducing the risk of data leaks.

The company’s Continuous Monitoring & Remediation feature flags policy violations and automatically adjusts permissions to prevent future leaks. This approach not only protects businesses but also provides a secure environment for organizations to adopt AI-powered tools.

Knostic has already earned top industry accolades, winning both the 2024 RSA Conference Launch Pad competition and the 2024 Black Hat Startup Spotlight Competition. With fresh funding in hand, Knostic plans to enhance its platform, expand its cybersecurity capabilities, and strengthen its integrations with enterprise AI tools.

As Adm. Mike Rogers (Ret.), former NSA Director and a Knostic advisory board member, notes, “LLM oversharing is a huge problem that enterprises really need to pay attention to.” Knostic’s technology is crucial for enterprises looking to avoid reputational, legal, and financial harm as AI becomes a strategic imperative.

With its innovative approach to enterprise AI security, Knostic is poised to make a significant impact in this critical market. Organizations can adopt AI-powered tools securely and effectively with Knostic on the scene, rest assured that they’re prioritizing their cybersecurity in an era of growing digital transformation and AI adoption.