Prevalent AI raises $22 million to expand its Data Fabric platform

Prevalent AI raises  million to expand its Data Fabric platform

AI-powered data fabric company Prevalent AI today announced that it has received $22 million in growth funding from Integrity Growth Partners (IGP).

The company was founded in 2017 by former GCHQ and Darktrace executives and is headquartered in London. Predominant AI was previously operated on a bootstrapping basis.

The UK-based company has developed a data fabric platform that transforms fragmented enterprise data into a knowledge graph that security teams and AI agents can use to gain context, clarity and control.

Prevailing AI addresses the cybersecurity risks posed by fragmented data in enterprise environments amid accelerated AI adoption.

The platform cleanses, connects and contextualizes enterprise security data, continuously identifies and remediates risks, and enables companies to securely deploy and operate AI agents.

It provides organizations with a comprehensive view of the data that exists in their environments, how it relates to each other, and where operational gaps exist.

Advertising. Scroll to continue reading.

Prevalent AI will use the new investments to accelerate U.S. expansion, scale go-to-market efforts, expand the platform beyond cybersecurity, and strengthen its leadership team.

“Large organizations don’t lack tools or data. They lack context. Security teams must make decisions across thousands of systems, controls, identities and data sources that were never designed to work together,” said Paul Stokes, co-founder and CEO of Prevalent AI.

“For nearly a decade, we’ve used AI to continually cleanse, connect, and contextualize enterprise data so organizations can see what’s there, what’s working, where the gaps are, and what needs attention. We started with security because that’s where fragmented data does the most damage,” Stokes added.

Related: Xpander raises $7.5 million for AI management and governance

Related: Fortinet is acquiring AI security company Virtue AI

Related: Venture capital firm Team8 secures an additional $365 million

Related: Mindgard raises $30 million to protect AI systems

Leave a Reply

Your email address will not be published. Required fields are marked *