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“Kindo Raises $20.6M in Funding and Acquires WhiteRabbitNeo: Making AI Adoption Safe for Enterprises”

Kindo, an enterprise AI security platform, recently announced that it has raised $20.6 million in funding and acquired the open-source security project WhiteRabbitNeo. The company’s CEO, Ron Williams, stated in an interview that Kindo’s goal is to make it safe for enterprises to adopt and manage AI technologies. The funding round was led by Drive Capital, with participation from existing investors such as RRE Ventures and Riot Ventures. With this new investment, Kindo’s total funding now stands at $27.6 million.

Williams explained that Kindo is an orchestration platform that allows enterprises to integrate various AI capabilities and models into their operations. The platform provides centralized control, allowing IT and security teams to manage access to models, applications, and data sources. This eliminates the need for companies to log into multiple apps and ensures that security remains a top priority when it comes to AI adoption.

One of Kindo’s unique selling points is its approach to security and governance. Williams described the company as more like Switzerland, as it aims to be a trusted partner for enterprises rather than owning all the apps itself. Kindo has been working on developing its platform for two years, putting it ahead of its competition.

The new funding will be used to accelerate product development and enhance Kindo’s AI security and management capabilities through advanced research and development. The company also plans to expand its sales and marketing efforts to reach more enterprises and hire top-tier talent in AI security and enterprise software.

Chris Olsen, managing partner from Drive Capital, expressed his belief that Kindo is addressing a critical need in the enterprise market with its innovative approach to AI security. He sees Kindo becoming an essential partner for CIOs and CSOs as AI adoption continues to accelerate.

In addition to the funding news, Kindo also completed a transaction to acquire the open-source cybersecurity AI model WhiteRabbitNeo. By combining WhiteRabbitNeo’s AI-powered security with Kindo’s understanding of enterprise AI infrastructure and governance, the company aims to develop next-generation security models for AI deployment. Migel Tiserra, the creator of WhiteRabbitNeo, will join Kindo as an advisor.

Kindo’s platform offers centralized AI governance and security controls, data loss prevention, fine-grained access controls, and integration with various enterprise SaaS applications. The company’s customer base includes publicly traded companies, consumer mobile application organizations, and open-source software organizations.

Overall, Kindo aims to address the challenges of secure AI adoption for enterprises. By providing a centralized platform for deploying and controlling AI capabilities, Kindo enables innovation while mitigating risks. The company’s team of security and infrastructure experts, including industry veterans from Bird Rides and Riot Games, is dedicated to delivering enterprise-ready generative AI security and management solutions.

In conclusion, Kindo’s recent funding and acquisition of WhiteRabbitNeo demonstrate the company’s commitment to making AI adoption safe and manageable for enterprises. With its innovative platform and experienced team, Kindo is well-positioned to become a trusted partner for businesses navigating the complex landscape of AI security and governance.

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