Security News > 2020 > July > AI Cybersecurity Company CalypsoAI Raises $13 Million

CalypsoAI, a California-based company that specializes in artificial intelligence and machine learning cybersecurity, announced this week that it has raised $13 million in a Series A funding round.
Founded in 2018, CalypsoAI offers a software platform, named Vespr, that enables customers to validate, monitor and secure their AI. Vespr is described as an integrated model accreditation and risk management system that can be used to create, test and deploy models with built-in validation and security.
The company says it can help enterprises accelerate the adoption of solutions that use artificial intelligence by addressing security and compliance concerns.
CalypsoAI says it has customers in the finance, national security and other sectors.
Earlier this year, the startup announced the launch of CalypsoAI Labs, which helps government agencies, private firms and educational institutions create custom applications and expert solutions for improving AI security capabilities focused on national security.
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