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Fortune
Fortune
Sharon Goldman

Exclusive: Lakera snags $20 million to prevent business Gen AI apps from going haywire and revealing sensitive data

Atomico Citi Dropbox
(Credit: Photo courtesy of Lakera)

It’s the potential nightmare that haunts Fortune 500 company leaders working to develop chatbots and other generative AI applications: Hackers figure out how to trick their AI into revealing sensitive corporate or customer data.

Lakera, a startup based in Zurich, Switzerland, announced today it has raised $20 million to help those leaders sleep peacefully. European VC Atomico led the funding round, with participation from Citi Ventures, Dropbox Ventures, and existing investors including Redalpine, bringing Lakera's total funding to $30 million. The company did not disclose its valuation in the latest fundraising.

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