Israeli Cybersecurity Firm Alice Raises $140 Million to Expand AI Security Workforce

Israeli cybersecurity company Alice announced on Tuesday the completion of a $140 million funding round, marking half of its total investments since its founding in 2018. The round was led by Apax Digital, the growth investment arm of Apax Partners, with participation from Phoenix Insurance, Mor Investment House, Samsung, SentinelOne, and existing investors including CRV, Grove, NVP, Highland, Vintage, Resolute, Claltech, and NFX. The new capital will be used to expand Alice's development center in Israel and grow its international sales and marketing teams.

Currently employing around 400 people, mostly in Israel with offices in New York, London, and Hanoi, Alice specializes in protecting artificial intelligence systems. It operates one of the world's largest AI security research labs, where approximately 150 researchers test AI models by attempting to bypass their safeguards and expose vulnerabilities before product launches. Alice’s clients include major tech companies such as Google, Anthropic, NVIDIA, Meta, TikTok, and Amazon, and it protects 8 of the top 10 AI research labs globally.

The company reports safeguarding over 3 billion users across platforms and is approaching $100 million in annual recurring revenue. Its research relies on a proprietary knowledge base called Rabbit Hole, which compiles real-world attack patterns and harmful content to help identify current and future AI threats. Founded in 2018 as ActiveFence by Noam Schwartz (CEO), Yiftach Or (CTO), Alon Porat (CCO), and Eyal Dikan, Alice has nearly a decade of experience combating cyberattacks, fraud, and coordinated manipulation online.

Noam Schwartz emphasized the goal of ensuring organizations can trust their AI systems to operate as intended by continuously challenging AI models with expert testing. Patrick Kane, partner at Apax Digital, highlighted the growing attack surface created by AI adoption and expressed excitement about partnering with Alice as it defines this emerging security category.