Pillar Security Raises $9M to Help Enterprises Build and Run Secure AI Software [Yahoo! Finance]
Similarweb Ltd. Ordinary Shares (SMWB)
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Source: Yahoo! Finance
Pillar Security Founders TEL AVIV, Israel, April 16, 2025 (GLOBE NEWSWIRE) -- Today, Pillar Security, a pioneering AI security startup that helps enterprises build and run secure AI software, announced it has raised $9 million in Seed funding. The round was led by Shield Capital, joined by Golden Ventures, Ground Up Ventures and other strategic angel investors. Funds will support expanding Pillar's R&D and go-to-market efforts. As organizations rapidly build and deploy AI-driven software systems, traditional cybersecurity tools and processes are struggling to keep pace, creating critical protection gaps. A recent Deloitte survey of 1,200 cybersecurity leaders identified major AI-specific risk areas - including evasion attacks, data poisoning, data privacy, and intellectual property leakage, with of respondents expressing significant concern about these threats. Moreover, two in five organizations have already experienced an AI-related security or privacy incident, one in four of
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SMWB
Earnings
- 11/11/25 - Beat
SMWB
Sec Filings
- 11/12/25 - Form 6-K
- 10/27/25 - Form 6-K
- SMWB's page on the SEC website