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Israel's AI Data Leak Prevention Company Jazz Completes $61 Million Funding
Mars Finance News: Israeli data security startup Jazz has announced the completion of a total of $61 million in funding to develop an AI platform for enterprise data leak prevention. The Seed and Series A rounds were led by Glilot Capital Partners and Team8, with participation from Ten Eleven Ventures, Merlin Ventures, Encoded Ventures, and MassMutual Ventures. Jazz stated that its AI agent can learn enterprise business processes and data context, automatically identifying potential data leak risks, including improper use of AI chatbots by employees. Currently, Jazz has been in operation for about 7 months, serving 15 paying enterprise clients, with a specific valuation not disclosed.