Reken Secures $10 Million in Seed Funding to Combat AI Threats

Reken Secures $10 Million in Seed Funding to Combat AI Threats

Reken, an AI and cybersecurity company headquartered in San Francisco, CA, has successfully raised $10 million in Seed funding to bolster its efforts in combating AI-driven threats.

The funding round was spearheaded by Greycroft and FPV Ventures, with significant contributions from Firebolt Ventures, Fika Ventures, Omega Venture Partners, Homebrew, and JAZZ Venture Partners. Notable investors include Jon Steinback from Google DeepMind and Vishal Vasishth, co-founder of Obvious Ventures. Marcie Vu, a partner at Greycroft and a key figure in Google’s IPO, has joined the Reken board.

Established in January by Shuman Ghosemajumder, former Google Global Head of Product for Trust & Safety, along with Rich Griffiths, Reken specializes in developing AI-driven solutions to counter generative AI threats.

The company plans to allocate the funds towards extensive research and development endeavors aimed at creating advanced AI technologies and products designed specifically to combat emerging threats posed by generative AI, such as deepfake social engineering and autonomous fraud.

Speaking on the company’s vision and mission, Ghosemajumder explained the significance of Reken’s name, derived from the Dutch word “reken,” meaning “calculate.” He elucidated that the name reflects their commitment to rectifying past errors, as signified by the English phrase “a reckoning,” and signifies Reken as a force to be acknowledged, as in “to be reckoned with.”

Reken’s overarching objective revolves around building an innovative AI platform and suite of products dedicated to safeguarding against the pernicious influence of generative AI threats.

With the latest infusion of capital, Reken is poised to advance its technological prowess and fortify its position in the ongoing battle against evolving cyber threats fueled by artificial intelligence.

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