Lakera Secures $20M Series A to Secure Generative AI with Security Solutions

Lakera, the global leader in real-time Generative AI (GenAI) Security, has successfully raised $20 million in a Series A funding round. This round was spearheaded by the European venture capital firm Atomico, with significant contributions from Citi Ventures, Dropbox Ventures, and existing investors including Redalpine. This latest investment elevates Lakera's total funding to $30 million, positioning the company at the forerunner of securing GenAI applications in the global economy.

Sasha Vidiborskiy, a Partner at Atomico, is set to join Lakera's board as part of this round. With predictions indicating that by 2026, 80% of enterprises will be utilizing GenAI or GenAI-enabled applications in their production environments—up from less than 5% in 2023—Lakera is poised to meet the surging demand for GenAI security. As companies worldwide rush to leverage GenAI's capabilities while mitigating AI-specific risks, Lakera's platform is expected to experience rapid growth.

GenAI is projected to contribute an estimated $4.4 trillion annually to global GDP. However, cybersecurity remains the second most-cited risk associated with its adoption, as traditional cybersecurity tools are inadequate to address the unique threats posed by GenAI. This underscores the urgent need for specialized security solutions to unlock AI's full potential.

David Haber, Founder and CEO of Lakera, emphasized the critical nature of this issue: "With the advent of GenAI, old cybersecurity techniques aren't sufficient. Enterprises now operate in a world where anyone who knows how to talk knows how to hack. Security solutions need to change but they can't get in the way of user experience. There is a need for real-time AI security solutions that continuously evolve and enable amazing user experiences."