Witness AI

Witness AI

Provides security solutions for enterprise AI

About Witness AI

Simplify's Rating
Why Witness AI is rated
C
Rated C on Competitive Edge
Rated B on Growth Potential
Rated D+ on Rating Differentiation

Industries

Enterprise Software

Cybersecurity

AI & Machine Learning

Company Size

11-50

Company Stage

Series A

Total Funding

$26.7M

Headquarters

San Mateo, California

Founded

2023

Overview

Company Does Not Provide H1B Sponsorship

Witness AI provides security and governance solutions specifically designed for enterprise AI applications. Their platform includes a variety of tools that help businesses enforce policies regarding data and user access, ensuring that AI technologies are used safely and responsibly. This is crucial for large enterprises that are integrating AI into their operations, as they face risks related to data breaches and regulatory compliance. Unlike many competitors, Witness AI focuses solely on the enterprise market, offering a subscription-based service that allows companies to access their security platform while ensuring continuous updates and improvements. The goal of Witness AI is to enable businesses to harness the benefits of generative AI without sacrificing control, privacy, or security.

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Simplify's Take

What believers are saying

  • Growing demand for AI explainability tools complements WitnessAI's offerings.
  • Increased investment in AI ethics provides expansion opportunities for WitnessAI.
  • Rising interest in AI model monitoring aligns with WitnessAI's governance focus.

What critics are saying

  • Emerging competition could dilute WitnessAI's market share.
  • Rapid AI advancements may outpace WitnessAI's platform updates.
  • Regulatory changes could increase WitnessAI's operational costs.

What makes Witness AI unique

  • WitnessAI focuses on AI security and governance for enterprise clients.
  • The platform enforces data and user access policies for safe AI usage.
  • WitnessAI's subscription model ensures continuous revenue and platform updates.

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Funding

Total Funding

$26.7M

Above

Industry Average

Funded Over

1 Rounds

Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Above Average

Industry standards

$15M
$8.2M
Discord
$15M
Canva
$27.5M
Witness AI
$100M
GitHub

Benefits

Hybrid Work Options

Competitive salary

Health Insurance

Dental Insurance

Vision Insurance

401(k) Retirement Plan

Professional Development Budget

Paid Vacation

Growth & Insights and Company News

Headcount

6 month growth

-8%

1 year growth

-11%

2 year growth

-11%
Intellyx
Dec 19th, 2024
WitnessAI Wins 2024 Digital Innovator Award from Intellyx

AMSTELVEEN, NETHERLANDS - December 18, 2024: Intellyx, now celebrating 10 years of thought leadership and analysis dedicated to digital transformation, today announced that WitnessAI has won the Winter 2024 Intellyx Digital Innovator Award.

PR Newswire
Dec 6th, 2024
Witnessai Appoints Retired U.S. Army General Paul M. Nakasone To Board Of Directors

Nakasone brings experience ensuring that AI is safe and secure for enterprise use. MOUNTAIN VIEW, Calif., Dec. 6, 2024 /PRNewswire/ -- WitnessAI, creator of the first enablement platform for safe AI use, today announced that Retired U.S. Army General Paul M. Nakasone has joined its Board of Directors. Nakasone will help the company evolve its capabilities for ensuring safe usage of enterprise AI

The CyberWire
May 29th, 2024
Business Briefing for 05.29.24

San Mateo, California-based AI security company WitnessAI has secured $27.5 million in a Series A round co-led by GV and Ballistic Ventures.

Witness AI
May 21st, 2024
WitnessAI Raises $27.5 Million to Enable Safe Use of AI - WitnessAI

The need for security and governance controls to ensure safe and effective artificial intelligence (AI) usage across the enterprise has now emerged as one of the most important objectives for leadership teams.

PR Newswire
May 21st, 2024
WitnessAI Raises $27.5 Million to Enable Safe Use of AI

/PRNewswire/ -- WitnessAI, creator of the first enablement platform for safe AI use, today announced a $27.5 million Series A round, co-led by GV and Ballistic...

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