.Artificial intelligence (AI) and also artificial intelligence (ML) safety firm Guard AI on Thursday introduced bring up $60 million in Set B funding, which takes the overall brought up due to the provider to $108.5 million.The brand new expenditure round was led through Development Capital Partners, with added support from 01 Advisors, Acrew Financing, Boldstart Ventures, Knollwood Resources, Pelion Ventures, StepStone Group, Samsung, and Salesforce Ventures.The business's AI Safety Posture Control (AI-SPM) platform, which includes 5 products, offers consumers with complete safety and security abilities and also ML setting administration.The service provides scanning of ML models for dangers, AI/ML bill of components, an AI/ML hazard feed, as well as LLM protection, observability, and governance functionalities.Defend artificial intelligence likewise delivers artificial intelligence surveillance education and also understanding sharing, and sustains pinpointing and dealing with vulnerabilities in AI/ML open resource projects through its Huntr risk research area, which possesses much more than 15,000 members.The company will make use of the brand-new financing to enhance its own AI-SPM platform as well as speed up growth by expanding purchases and customer help staffs, accelerating research and development (R&D), as well as building up network courses.Structure on a 300% year-over-year group development, the firm also organizes to employ fifty additional specialists due to the end of the year." This added backing supplies the sources to stretch our innovation top by offering even more unique AI safety capabilities for every single factor of AI-SPM, at every stage of the artificial intelligence progression lifecycle, as well as provide customers across the globe. Our mission is actually to lead the artificial intelligence safety and security category for several years ahead and also help customers create a more secure AI-powered planet," Protect AI founder and also CEO Ian Swanson said.Advertisement. Scroll to continue reading.The Series B funding announcement happened very hot on the heels of Protect AI obtaining SydeLabs, a San Francisco-based AI safety and security firm supplying automated red teaming of GenAI systems.Related: Cyber Insurance Coverage Company Cowbell Raises $60 Thousand.Associated: Cryptography Firm Zama Elevates $73 Thousand for FHE Solution.Associated: Zip Elevates $7.7 Million to Expand SMB Cybersecurity Service.Associated: Hypr Elevates $25 Thousand for Passwordless Authentication System.