AI

Protect AI lands a $13.5M investment to harden AI projects from attack

Comment

digital umbrella
Image Credits: Andrzej Wojcicki (opens in a new window) / Getty Images

Seeking to bring greater security to AI systems, Protect AI today raised $13.5 million in a seed-funding round co-led by Acrew Capital and Boldstart Ventures with participation from Knollwood Capital, Pelion Ventures and Aviso Ventures. Ian Swanson, the co-founder and CEO, said that the capital will be put toward product development and customer outreach as Protect AI emerges from stealth.

Protect AI claims to be one of the few security companies focused entirely on developing tools to defend AI systems and machine learning models from exploits. Its product suite aims to help developers identify and fix AI and machine learning security vulnerabilities at various stages of the machine learning life cycle, Swanson explains, including vulnerabilities that could expose sensitive data.

“As machine learning models usage grows exponentially in production use cases, we see AI builders needing products and solutions to make AI systems more secure, while recognizing the unique needs and threats surrounding machine learning code,” Swanson told TechCrunch in an email interview. “We have researched and uncovered unique exploits and provide tools to reduce risk inherent in [machine learning] pipelines.”

Swanson co-launched Protect AI with Daryan Dehghanpisheh and Badar Ahmed roughly a year ago. Swanson and Dehghanpisheh previously worked together at Amazon Web Services (AWS) on the AI and machine learning side of the business; Swanson was the worldwide leader at AWS’s AI customer solutions team and Dehghanpisheh was the global leader for machine learning solution architects. Ahmed became acquainted with Swanson while working at Swanson’s last startup, DataScience.com, which was acquired by Oracle in 2017. Ahmed and Swanson worked together at Oracle as well, where Swanson was the VP of AI and machine learning.

Protect AI’s first product, NB Defense, is designed to work within Jupyter Notebook, a digital notebook tool popular among data scientists within the AI community. (A 2018 GitHub analysis found that there were more than 2.5 million public Jupyter Notebooks in use at the time of the report’s publication, a number that’s almost certainly climbed since then.) NB Defense scans Jupyter notebooks for AI projects — which usually contain all the code, libraries and frameworks needed to train, run and test an AI system — for security risks and provides remediation suggestions.

What sort of problematic elements might an AI project notebook contain? Swanson suggests internal-use authentication tokens and other credentials, for one. NB Defense also looks for personally identifiable information (e.g., names and phone numbers) and open source code with a “nonpermissive” license that might prohibit it from being used in a commercial system.

Jupyter Notebooks are typically used as scratchpads rather than production environments, and most are locked safely away from prying eyes. According to an analysis by Dark Reading, fewer than 1% of the approximately 10,000 instances of Jupyter Notebook on the public web are configured for open access. But it’s true the exploits aren’t just theoretical. Last December, security firm Lightspin uncovered a method that could allow an attacker to run any code on a victim’s notebook across accounts on AWS SageMaker, Amazon’s fully managed machine learning service.

Other research firms, including Aqua Security, have found that improperly secured Jupyter Notebooks are vulnerable to Python-based ransomware and cryptocurrency mining attacks. In a 2020 Microsoft survey of businesses using AI, the majority said that they don’t have the right tools in place to secure their machine learning models.

It might be premature to sound the alarm bells. There’s no evidence that attacks are happening at scale, despite a Gartner report predicting an increase in AI cyberattacks through the end of this year. But Swanson makes the case that prevention is key.

“[Many] existing security code scanning solutions are not compatible with Jupyter notebooks. These vulnerabilities, and many more, are due to a lack of focus and innovation from current cybersecurity solution providers, and is the largest differentiation for Protect AI: Real threats and vulnerabilities that exist in AI systems, today,” Swanson said.

Beyond Jupyter Notebooks, Protect AI will work with common AI development tools, including Amazon SageMaker, Azure ML and Google Vertex AI Workbench, Swanson says. It’s available for free to start, with paid options to be introduced in the future.

“Machine learning is … complex and the pipelines delivering machine learning at scale create and multiply cybersecurity blind spots that evade current cybersecurity offerings, preventing important risks from being adequately understood and mitigated. Additionally, emerging compliance and regulatory frameworks continue to advance the need to harden AI systems’ data sources, models, and software supply chain to meet increased governance, risk management and compliance requirement,” Swanson continued. “Protect AI’s unique capabilities and deep expertise in the machine leaning lifecycle for enterprises and AI at scale helps enterprises of all sizes meet today’s and tomorrow’s unique, emerging and increasing requirements for a safer, more secure AI powered digital experience.”

That’s promising a lot. But Protect AI has the advantage of entering a market with relatively few direct competitors. Perhaps the closest is Resistant AI, which is developing AI systems to protect algorithms from automated attacks.

Protect AI, which is pre-revenue, isn’t revealing how many customers it has today. But Swanson claims that the company has secured “enterprises in the Fortune 500” across verticals, including finance, healthcare and life sciences, as well as energy, gaming, digital businesses and fintech.

“As we grow our customers, build partners and value chain participants we will use our funding to add additional team members in software development, engineering, security and go-to-market roles throughout 2023,” Swanson said, adding that Protect AI’s headcount stands at 15. “We have several years of cash runway available to continue to advance this field.”

More TechCrunch

Tech sovereignty has become a looming priority for a number of nations these days, and now, with the demand for compute power at its highest level yet thanks to uptake…

Germany’s Black Semiconductor raises $273M for graphene-based chip connectivity tech

Featured Article

Let there be Light! Danish startup exits stealth with $13M seed funding to bring AI to general ledgers

It’s not the sexiest of subject matters, but someone needs to talk about it: The CFO tech stack — software used by the chief financial officers of the world — is ripe for disruption. That’s according to Jonathan Sanders, CEO and co-founder of fledgling Danish startup Light, which exits stealth…

1 hour ago
Let there be Light! Danish startup exits stealth with $13M seed funding to bring AI to general ledgers

Fresh off the success of its first mission, satellite manufacturer Apex has closed $95 million in new capital to scale its operations.  The Los Angeles-based startup successfully launched and commissioned…

Apex’s off-the-shelf satellite bus business attracts $95M in new funding

After educating the D.C. market, YC aims to leverage its influence, particularly in areas like competition policy.

DC’s political class doesn’t know Y Combinator exists — yet

Lina Khan says the FTC wants to be effective in its enforcement strategy, which is why it has been taking on lawsuits that “go up against some of the big…

FTC Chair Lina Khan tells TechCrunch the agency is pursuing the ‘mob bosses’ in Big Tech

With dozens of antitrust cases and close to a hundred on the consumer protection side, the agency is now turning to innovative tactics to help it fight fraud, particularly in…

FTC Chair Lina Khan shares how the agency is looking at AI

The ability to pause your activity rings is a minor feature update for most, but for those of us who obsess about such things to an unhealthy degree, it’s the…

Apple Watch is finally adding a feature I’ve been requesting for years

Featured Article

Why Apple is taking a small-model approach to generative AI

It’s a very Apple approach in the sense that it prioritizes a frictionless user experience above all.

9 hours ago
Why Apple is taking a small-model approach to generative AI

When generative AI tools started making waves in late 2022 after the launch of ChatGPT, the finance industry was one of the first to recognize these tools’ potential for speeding…

Linq raises $6.6M to use AI to make research easier for financial analysts

In addition to the federal funding, the state of New Mexico — where SolAero is based — committed to providing financing and incentives that value $25.5 million.

Biden administration looks to give Rocket Lab $24M to boost space-grade solar cell production

Some of the new Apple Intelligence features that Apple debuted at WWDC 2024 don’t even feel like AI, they just feel like smarter tools. 

Apple’s AI, Apple Intelligence, is boring and practical — that’s why it works

The TechCrunch team runs down all of the biggest news from the Apple WWDC 2024 keynote in an easy-to-skim digest.

Here’s everything Apple announced at the WWDC 2024 keynote, including Apple Intelligence, Siri makeover

Jordan Meyer and Mathew Dryhurst founded Spawning AI to create tools that help artists exert more control over how their works are used online. Their latest project, called Source.Plus, is…

Spawning wants to build more ethical AI training datasets

After leading the social media landscape, TikTok appears to be interested in challenging Google’s dominance in search. The company confirmed to TechCrunch that it’s testing the ability for users to…

TikTok comes for Google as it quietly rolls out image search capabilities in TikTok Shop

General Motors is investing $850 million into Cruise as the autonomous vehicle subsidiary slowly makes its way back to testing in Phoenix, Dallas and, as of Tuesday, Houston. GM’s CFO…

GM gives Cruise $850M lifeline as it relaunches robotaxis in Houston

These messaging features, announced at WWDC 2024, will have a significant impact on how people communicate every day.

At last, Apple’s Messages app will support RCS and scheduling texts

Welcome to TechCrunch Fintech! This week, we’re looking at Rippling’s controversial decision to ban some former employees from selling their stock, Carta’s massive valuation drop, a GenZ-focused fintech raise, and…

Rippling’s tender offer decision draws mixed — and strong — reactions

Google is finally making its Gemini Nano AI model available to Pixel 8 and 8a users after teasing it in March.

Google’s June Pixel feature drop brings Gemini Nano AI model to Pixel 8 and 8a users

At WWDC 2024, Apple introduced new options for developers to promote their apps and earn more from them in the App Store.

Apple adds win-back subscription offers and improved search suggestions to the App Store

iOS 18 will be available in the fall as a free software update.

Here are all the devices compatible with iOS 18

The acquisition comes as BeReal was struggling to grow its user base and was looking for a buyer.

BeReal is being acquired by mobile apps and games company Voodoo for €500M

Unlike Light’s older phones, the Light III sports a larger OLED display and an NFC chip to make way for future payment tools, as well as a camera.

Light introduces its latest minimalist phone, now with an OLED screen but still no addictive apps

Since April, a hacker with a history of selling stolen data has claimed a data breach of billions of records — impacting at least 300 million people — from a…

The mystery of an alleged data broker’s data breach

Diversity Spotlight is a feature on Crunchbase that lets companies add tags to their profiles to label themselves.

Crunchbase expands its diversity-tracking feature to Europe

Thanks to Apple’s newfound — and heavy — investment in generative AI tech, the company had loads to showcase on the AI front, from an upgraded Siri to AI-generated emoji.

The top AI features Apple announced at WWDC 2024

A Finnish startup called Flow Computing is making one of the wildest claims ever heard in silicon engineering: by adding its proprietary companion chip, any CPU can instantly double its…

Flow claims it can 100x any CPU’s power with its companion chip and some elbow grease

Five years ago, Day One Ventures had $11 million under management, and Bucher and her team have grown that to just over $450 million.

The VC queen of portfolio PR, Masha Bucher, has raised her largest fund yet: $150M

Particle announced it has partnered with news organization Reuters to collaborate on new business models and experiments in monetization.

AI news reader Particle adds publishing partners and $10.9M in new funding

Mistral AI has closed its much-rumored Series B funding round, raising €600 million (around $640 million) in a mix of equity and debt.

Paris-based AI startup Mistral AI raises $640M

Cognigy is helping create AI that can handle the highly repetitive, rote processes center workers face daily.

Cognigy lands cash to grow its contact center automation business