Kindo, an enterprise AI security platform, has recently raised $20.6 million in funding and announced its acquisition of the open-source security project WhiteRabbitNeo. The company, founded in October 2022 by Ron Williams, aims to make it safe for enterprises to adopt and manage AI technologies.
The funding round was led by Drive Capital, with participation from existing Kindo investors. This brings the total funding raised by the company to $27.6 million. The new capital will be used to accelerate product development, enhance Kindo’s AI security and management capabilities, and expand sales and marketing efforts.
Kindo is described as an orchestration platform that allows enterprises to integrate any AI capabilities or models into their systems. This can include both external AI models and the company’s own models. The platform provides centralized control, allowing IT and security teams to manage access to these models and control communication between agents and models.
One of the challenges addressed by Kindo is the fragmentation of controls in AI security. In the past, companies had to rely on software-as-a-service companies to centralize control of cloud apps. Kindo aims to provide similar centralized control for AI capabilities.
According to Ron Williams, CEO of Kindo, the company is more like Switzerland than a big platform company that wants to own all the apps. This approach aims to provide more flexibility and choice for enterprises, rather than locking them into a specific platform.
As part of the transaction, Kindo has acquired the open-source cybersecurity AI model WhiteRabbitNeo. The goal is to combine WhiteRabbitNeo’s AI-powered security with Kindo’s understanding of enterprise AI infrastructure and governance. Kindo will continue to invest in the open-source community around WhiteRabbitNeo while integrating the cybersecurity models into its platform.
The Kindo platform offers centralized AI governance and security controls, data loss prevention for AI interactions, fine-grained access controls and audit logging, integration with enterprise SaaS applications, and support for on-premise, cloud, and hybrid deployments. The company’s customer base includes publicly traded companies, consumer mobile application organizations, and open-source software organizations.
In conclusion, Kindo’s recent funding and acquisition of WhiteRabbitNeo demonstrate the company’s commitment to providing secure and comprehensive AI management solutions for enterprises. By offering centralized control and integrated security features, Kindo aims to address the challenges faced by companies adopting AI technologies. With its experienced team and growing customer base, Kindo is well-positioned to become a trusted partner for enterprises navigating the complex landscape of AI security and governance.
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