Alice Secures $140M to Make Sure AI Does Exactly What It’s Supposed to Do
aiinsider ·
Alice, an AI trust, safety, and security company formerly known as ActiveFence, has raised $140 million in a funding round led by Apax Digital Funds, with participation from MoreTech, Phoenix Financial, and existing investors, bringing its total funding to $280 million. The company is approaching $100 million in annual recurring revenue, with its AI business growing more than 500 percent over the past two years. Alice works with 8 of the 10 leading AI model labs, including Anthropic, Google, and Cohere, and says it protects more than 3 billion people online. CEO and co-founder Noam Schwartz said the funding will advance Alice’s AI security platform and expand Rabbit Hole, its dataset of adversarial and harmful content. The company employs more than 150 researchers who study how AI systems can be manipulated or fail, and it uses data from real-world attacks to predict and prevent threats across the AI lifecycle. The funding will also be used to scale the team behind Rabbit Hole and expand Alice’s go-to-market organization serving foundation model labs and enterprises.
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