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Cranium Raises $25M Series A for AI Security in Booming Industry

Chrissie Wong

Chrissie Wong

30 October 2023

Located in New Jersey, a cybersecurity firm called Cranium has acquired $25 million in Series A funding. The company focuses on AI and machine learning security. KPMG LLP and SYN Ventures, who had both contributed to Cranium's seed round before, joined Telstra Ventures in leading the round.

Organizations can keep an eye out for security risks in their AI settings with Cranium's platform without having to interfere with their model development processes. Businesses can construct an "AI Card" that corresponds with particular pipelines, assets, or the entire organization by using the company's methodology.

Because of its emphasis on new AI security requirements, lead investor Telstra Ventures thinks Cranium is well-positioned to make a big difference in the congested cybersecurity market. Cranium's technology is viewed as a critical remedy as the use of AI grows. In order to give corporations wide visibility into AI dangers, the startup has already worked with significant businesses in a number of different industries.

There has been a lot of investment in AI and machine learning security businesses at the time of the Series A fundraising. Enhancing AI security is Cranium's purpose, which is in line with the growing significance of safe AI deployment in mission-critical operations. Cranium is well-positioned to play a crucial role in guaranteeing the responsible and secure usage of AI systems as they continue to cater to the demands of businesses in a variety of industries.