News

Vitalbridge Capital Leads $4M Angel Round Financing of HydroX AI

November 14, 2023Client News

Gunderson Dettmer represented client Vitalbridge Capital as it led the $4 million angel round financing of HydroX AI, an AI-based security platform that provides one-stop solution for risk control and protecting sensitive data of LLMs.

In the announcement of the transaction, CEO at HydroX AI ZL said, “AI safety is currently in its early stages of industry development, and there is a relative lack of mature problem detection capabilities. HydroX AI takes LLM security and safety assessment as a starting point and is dedicated to providing a complete one-stop platform solution. We aim to help AI companies systematically enhance their capabilities and accelerate the secure iteration and implementation of their businesses through automated detection, defense, and monitoring.”

The Gunderson Dettmer deal team was led by Zhen Liu and included Ying Zhu.

Companies:

HydroX AI

Vitalbridge Capital