Harmonic Security has launched to help organisations use Generative AI safely – without compromising their data. Some 8,400 Generative AI apps are now available and a Gartner study has found that 55% of firms are piloting or using Generative AI.
The majority of apps are unregulated with unclear policies on how data will be used, where it will be transmitted to or how it will be kept secure. It puts companies at risk from ‘shadow AI’ – employees using these apps either with or without company permission to achieve productivity gains, at the cost of surrendering data and intellectual property.
Harmonic Security addresses these challenges. Jointly headquartered in London and San Francisco and founded by CEO, Alastair Paterson, and CTO, Bryan Woolgar-O’Neil, the company is backed by US$7 million in seed funding led by Ten Eleven Ventures, with participation from Storm Ventures and 14 other private investors.