Alice Raises $140M for AI Security Amidst Rapid Growth

Alice, a prominent player in AI trust, safety, and security, has successfully closed a substantial $140 million funding round. The investment, spearheaded by Apax Digital, signals strong market confidence in Alice's mission to safeguard artificial intelligence systems. This capital infusion propels the company towards a significant milestone, nearing $100 million in annual recurring revenue (ARR), a testament to its accelerated trajectory and the escalating demand for robust AI security solutions. The company's AI-focused business has experienced explosive growth, expanding by over 500% in the last two years.

The latest financing round saw participation from a distinguished group of investors, including Samsung, SentinelOne, Maj Invest, MoreTech, and Phoenix Insurance. Existing backers such as Resolute Ventures, Grove Ventures, CRV, Highland Europe, Vintage Investments, Norwest, NFX, and Claltech also contributed, bringing Alice's total funding to an impressive $280 million. As part of the agreement, Apax Digital will gain a seat on Alice's board of directors, underscoring a strategic partnership aimed at guiding the company's next phase of expansion.

Alice's core competency lies in its sophisticated approach to identifying and neutralizing adversarial behaviors within AI frameworks. Leveraging nearly a decade of deep analysis into how malicious actors exploit digital platforms, the company has cultivated a proprietary dataset of real-world attack vectors. This extensive knowledge base is now being critically applied to the evolving challenges of AI security, a sector experiencing unprecedented attention as AI models become more sophisticated and integrated into critical business functions.

The company's operational strength is anchored by one of the world's largest AI security research laboratories, employing over 150 researchers dedicated to understanding and mitigating AI system vulnerabilities. Alice's influence is already widespread, serving eight of the top ten leading AI model developers and providing protection for over 3 billion individuals online. Their comprehensive security solutions span the entire AI system lifecycle, from pre-deployment testing to ongoing production monitoring.

Before AI models are released, Alice collaborates with leading frontier model developers like Anthropic, Google, and Cohere. Through rigorous simulations of malicious prompts and agentic tasks, they proactively identify unpredictable model behaviors and fortify systems against threats such as jailbreaks and prompt injection. Post-deployment, Alice empowers enterprises to layer organization-specific security policies atop foundational model safeguards, enabling custom policy enforcement, compliance checks, data leakage detection, and real-time output monitoring.

A cornerstone of Alice's technological prowess is its Rabbit Hole dataset, recognized as the most extensive collection of real-world adversarial and harmful content. This invaluable resource, compiled from years of tracking illicit activities across the open web, enables Alice to recognize AI attacks that mirror established online manipulation tactics. This intelligence is crucial as AI agents gain autonomy and access to sensitive internal data, amplifying the potential impact of system misbehavior. The company emphasizes the necessity of continuous defense evolution, recognizing that attack methodologies are advancing faster than static security measures can adapt.

The strategic significance of this funding is clear: Alice intends to accelerate the development of its AI platform, enhancing capabilities in model testing, defense mechanisms, and real-time monitoring. A portion of the capital will be allocated to expanding the Rabbit Hole team, ensuring the dataset remains current with emerging attack techniques. Furthermore, the investment will bolster Alice's go-to-market efforts, targeting both foundation model developers and enterprises actively deploying AI solutions. This strategic expansion positions Alice to capitalize on the burgeoning AI security market, which is projected for significant growth as AI adoption accelerates across industries.