Artificial intelligence safety platform startup WitnessAI Inc. today launched as it announced it has raised $27.5 million in funding from GV Management Co. LLC and Ballistic Ventures LLC to accelerate the development of new AI safeguards.
WitnessAI’s path to becoming a venture capital-backed startup isn’t typical as it was founded and incubated in 2023 by Ballistic Ventures. The venture capital firm incubated the company and handpicked its founders to address what it saw as an emerging problem: the need for governance and taking on new security challenges presented by AI.
AI privacy, governance and security are at the core of what WitnessAI offers. The company’s platform seeks to address three core areas cited as being barriers to AI adoption: lack of visibility, control and protection.
