Knostic Raises $3.3M for Enterprise GenAI Access Control
Summary
We are the brakes, giving enterprises the confidence to accelerate their adoption of LLMs, while ensuring the safety of their most valuable assets," said Sounil Yu, co-founder and CTO of Knostic. Knostics offering also helps organizations with the early adoption stage, understanding their exposure to need-to-know violations and the path towards safe implementation of LLM-based tools. Gadi Evron, co-founder and CEO of Knostic, further elaborated: "From a misfiled payroll spreadsheet and a sensitive presenter comment left in a template, or even secrets inferred from legitimately accessible content, LLMs accelerate the discovery of harmful, and potentially dangerous information to anyone who asks. Founded in late 2023 by cybersecurity veterans Gadi Evron (serial entrepreneur, previously from Citibank and PwC) and Sounil Yu (former Chief Security Scientist at Bank of America), Knostic raised a $3.3M pre-seed financing round, with participation from Shield Capital, Pitango First, DNX Ventures, and Seedcamp, as well as angel investors Kevin Mahaffey (Lookout), David Cross (Rain Capital), Bryson Bort (SCYTHE), Travis McPeak (Resourcely), Matthew Honea (Forward Networks), and others. With knowledge-centric capabilities, Knostic enables organizations to accelerate the adoption of LLMs and drive AI-powered innovation without compromising value, security, or safety.