Press Release - May 22, 2024
Summary
The funding announcement coincides with the general availability of the HoundDog.ai cloud platform, which helps organizations apply data security and privacy controls as developers are writing code; this proactive approach helps organizations stay ahead of potential threats and reduces the financial and operational costs of addressing these vulnerabilities after they are discovered in production.In 2023, 92% of all data compromised involved customer and employee personally identifiable information (PII) record types, according to an IBM report. Visit HoundDog.ai for a full list of features and capabilities.Business models built around adding AI to existing products are hamstrung from the outset, said Habib Haddad, managing director at E14 Fund. Amjad and his team have incorporated AI to dramatically reduce privacy compliance costs and simplify the proactive detection of sensitive data exposure with an efficient, frictionless code scanner. HoundDog.ai is leading the way in securing PII data early in the development cycle, making it an indispensable component of any AI code generation workflow. We are excited to extend the coverage of our findings to include sensitive data leaks through logs, files, and third-party systems, which can be extremely costly to address in production, via our integration with HoundDog.ai.