Trust Lab Closes $15 Million Investment Led by U.S. Venture Partners
Summary
Series A investment fuels Trust Labs efforts to prevent harm on the InternetPALO ALTO, Calif., June 15, 2023 /PRNewswire/ -- Trust Lab, the company transforming how companies and public entities safeguard Internet users, today announced it has closed a Series A funding round of $15 million, led by U.S. Venture Partners (USVP) and Foundation Capital. For over a decade, the Trust Lab founding team has worked in executive leadership roles at the forefront of technical innovation to solve these problematic issues. ""Many government organizations, the top social media platforms, and enterprise customers turn to Trust Lab to help them make the Internet a safer place for users. They are undisputed experts in applying ML and AI technology to prevent harmful misinformation and bad actors," said Dafina Toncheva, Early-Stage Investor at USVP. "Added Steve Vassallo, General Partner, Foundation Capital, "So far, social media companies have attempted to moderate harmful content by building Trust & Safety teams and hiring tens of thousands of people.