.Artificial intelligence (AI) as well as artificial intelligence (ML) safety and security agency Protect AI on Thursday revealed raising $60 million in Set B backing, which brings the complete brought up by the firm to $108.5 million.The new investment round was led by Advancement Capital Allies, with added support from 01 Advisors, Acrew Capital, Boldstart Ventures, Knollwood Financing, Pelion Ventures, StepStone Group, Samsung, and also Salesforce Ventures.The business's AI Protection Pose Control (AI-SPM) platform, which includes five products, gives clients along with comprehensive protection abilities as well as ML setting administration.The service delivers checking of ML designs for risks, AI/ML expense of materials, an AI/ML risk feed, and LLM surveillance, observability, and also control functionalities.Guard AI additionally offers artificial intelligence safety and security learning as well as know-how sharing, as well as sustains recognizing as well as taking care of weakness in AI/ML open source projects with its own Huntr danger research community, which has much more than 15,000 participants.The company will use the brand-new funding to improve its AI-SPM platform as well as speed up growth by growing sales and also client support crews, accelerating experimentation (R&D), and also enhancing channel systems.Structure on a 300% year-over-year group growth, the firm also prepares to choose fifty more specialists due to the end of the year." This extra backing provides the resources to prolong our technology top through delivering even more one-of-a-kind AI protection functionalities for every single factor of AI-SPM, at every phase of the artificial intelligence development lifecycle, and also offer clients across the globe. Our objective is actually to lead the AI safety classification for years to come as well as help consumers create a more secure AI-powered world," Secure AI founder as well as CEO Ian Swanson said.Advertisement. Scroll to continue analysis.The Series B funding announcement came warm on the heels of Protect AI obtaining SydeLabs, a San Francisco-based artificial intelligence safety and security organization offering automated reddish teaming of GenAI systems.Related: Cyber Insurance Coverage Service Provider Cowbell Raises $60 Thousand.Associated: Cryptography Company Zama Raises $73 Thousand for FHE Service.Associated: Zip Elevates $7.7 Thousand to Grow SMB Cybersecurity Company.Related: Hypr Elevates $25 Million for Passwordless Verification Platform.