Klarytee Raises £700K Pre-Seed Funding
Summary
Klarytee, a London, UK-based provider of a software platform that builds security into the data itself for large organisations to handle sensitive information, raised £700K in Pre-Seed funding. The round was led by Concept Ventures, with participation from angel investors Micheal Coates, Evelyn Bourke, Brad Cable, and Desigan Chinniah. The company intends to use the funds to provide protection against leaks for sectors that handle sensitive material. The local Large Language Model (LLM) integrated into Klarytee scans for sensitive information and applies protection by default to ensure sensitive data cannot be exposed to unauthorised access, including cloud AI platforms such as ChatGPT. Customers are already using Klarytee in cases where organisations need to share sensitive information on a privileged basis, such as investment banking deal teams, or when leveraging SaaS and public cloud services such as generative AI.