.Artificial intelligence (AI) as well as artificial intelligence (ML) security company Shield AI on Thursday introduced increasing $60 thousand in Series B financing, which takes the complete raised by the firm to $108.5 thousand.The new financial investment round was led by Evolution Capital Partners, with additional assistance from 01 Advisors, Acrew Financing, Boldstart Ventures, Knollwood Resources, Pelion Ventures, StepStone Group, Samsung, and also Salesforce Ventures.The provider's artificial intelligence Surveillance Stance Management (AI-SPM) system, which includes five items, delivers clients along with comprehensive protection abilities and ML environment management.The remedy provides checking of ML versions for dangers, AI/ML bill of components, an AI/ML danger feed, and also LLM security, observability, and also administration capacities.Safeguard AI likewise supplies AI safety and security education and learning and knowledge sharing, as well as sustains determining and dealing with susceptibilities in AI/ML available source tasks through its own Huntr risk study area, which has much more than 15,000 participants.The firm will definitely utilize the brand-new backing to enhance its AI-SPM system and speed up growth through developing purchases and client support teams, evolving research and development (R&D), and enhancing stations courses.Structure on a 300% year-over-year team growth, the firm additionally intends to hire 50 more specialists by the end of the year." This added financing offers the sources to extend our modern technology lead through providing much more unique AI safety functionalities for every single component of AI-SPM, at every phase of the AI progression lifecycle, and also serve customers around the world. Our purpose is actually to lead the artificial intelligence protection category for several years to find and assist customers develop a safer AI-powered globe," Guard AI founder as well as CEO Ian Swanson said.Advertisement. Scroll to carry on analysis.The Series B financing statement came warm on the heels of Protect AI acquiring SydeLabs, a San Francisco-based AI security company providing automated red teaming of GenAI devices.Connected: Cyber Insurance Policy Company Cowbell Raises $60 Thousand.Related: Cryptography Organization Zama Raises $73 Million for FHE Remedy.Connected: Zip Increases $7.7 Thousand to Increase SMB Cybersecurity Company.Associated: Hypr Elevates $25 Thousand for Passwordless Authentication System.