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Protect AI Acquires Laiyer AI to Secure Large Language Models (LLMs)

Jan 31, 2024over 1 year ago

Acquiring Company

Protect AI

Acquired Company

Laiyer AI

SeattleBerlinSecurityCyber SecuritySecurityArtificial Intelligence

Description

Protect AI, the leading artificial intelligence (AI) and machine learning (ML) security company, has acquired Laiyer AI. With this acquisition, Protect AI will be offering a commercial version of Laiyer AI’s open source LLM Guard with expanded features, capabilities, and integrations within the Protect AI platform. This acquisition aims to deliver the industry’s most comprehensive end-to-end AI security capabilities and to empower customers in various sectors to develop safe, secure GenAI applications.

Company Information

Company

Protect AI

Location

Seattle, Washington, United States

About

Founded by experienced leaders and visionaries in artificial intelligence and enterprise software development, Protect AI is ready to define and lead a new market segment within security called MLSecOps. The company is based in Seattle, Washington, with offices in Dallas and Raleigh. Protect AI is privately-held with funding from Acrew Capital, Avisio Ventures, boldstart ventures, Knollwood Capital, Pelion Ventures, Avisio Ventures, and experienced cybersecurity leaders Shlomo Kramer, Nir Polak, and Dimitri Sirota.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

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