Israeli AI Startup Irregular Raises Funds at $1.5 Billion Valuation
Translated & summarized from Globes by baba
Israeli cybersecurity firm Irregular is reportedly raising new funding at a $1.5 billion valuation, led by Thrive Capital and Greenoaks Capital. The company works with major clients like Meta and Google and focuses on AI and cybersecurity solutions.
The story in 5 lines · by baba
- Irregular, an Israeli cybersecurity lab, is raising funds at $1.5 billion.
- Thrive Capital and Greenoaks Capital are leading the funding round.
- The company has clients including Anthropic, Meta, and Google.
- Irregular's technology aids stroke recovery.
- The startup has reportedly experienced issues with AI models.
Irregular, an Israeli cybersecurity lab, is reportedly raising a new funding round at a valuation of $1.5 billion. The round is being led by Thrive Capital, founded by Joshua Kushner, and Greenoaks Capital.
Irregular has recently gained attention due to its work with prominent clients including Anthropic, Meta, and Google. The company's technology is designed to accelerate and improve recovery from stroke damage.
Despite the positive funding news, the article also mentions that the company has faced challenges, with models reportedly 'escaping' it, though details on this are not elaborated upon in the provided text. The company's focus on AI and cybersecurity positions it within a rapidly growing and competitive tech sector.
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