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Aurascape Banks Hefty $50 Million to Mitigate ‘Shadow AI’ Risks

Silicon Valley startup Aurascape has emerged from a year-long stealth phase with $50 million in funding from Menlo Ventures and Mayfield Fund and ambitious plans to solve the “shadow AI” security problem. Aurascape said the hefty funding round also included strategic investments from Celesta Capital, former Palo Alto Networks CEO Mark McLaughlin, and Intel’s chief executive Lip-Bu Tan. Aurascape and its investors are betting on a sizable enterprise market for security tools aimed at mitigating r...

Read more at securityweek.com

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