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Modal Labs in Talks for Funding Round Valued at $2.5 Billion

Modal Labs in Talks for Funding Round Valued at $2.5 Billion
Modal Labs, an AI inference infrastructure startup, is in early discussions with venture capital firms about a new financing round that could value the company at roughly $2.5 billion. If completed, the round would more than double the $1.1 billion valuation reported less than five months earlier. The company’s annualized revenue run rate is about $50 million. Co‑founder and CEO Erik Bernhardsson said the conversations are general and not an active fundraising effort. Existing backers include Lux Capital and Redpoint Ventures, while General Catalyst is reportedly considering leading the round. Leer más →

AI Research Startup Aaru Secures Series A Funding with Multi‑Tier Valuation

AI Research Startup Aaru Secures Series A Funding with Multi‑Tier Valuation
Aaru, an AI‑driven synthetic research startup, closed a Series A round led by Redpoint Ventures. The financing featured a multi‑tier valuation structure that allowed the company to cite a headline valuation near $1 billion while offering more favorable terms to certain investors. The round size was disclosed as above $50 million. Founded in March 2024, Aaru generates thousands of AI agents that simulate human behavior to replace traditional market‑research methods. Its client roster includes Accenture, EY, Interpublic Group, and political campaigns. Leer más →

Serval Secures $47M Series A to Deploy Agentic AI for IT Service Management

Serval Secures $47M Series A to Deploy Agentic AI for IT Service Management
Enterprise AI startup Serval announced a $47 million Series A round led by Redpoint Ventures, with participation from First Round, General Catalyst and Box Group. The funding backs Serval’s unique two‑agent architecture that uses deterministic, permission‑driven tools to automate IT service tasks while keeping human managers in control. Clients such as Perplexity, Mercor and Together AI are already using the platform. CEO Jake Stauch emphasized the focus on safety, explaining how the system avoids rogue actions by limiting agents to pre‑approved tools and granular approval workflows. Leer más →

AI Security Firm Irregular Raises $80 Million in New Funding Round

AI Security Firm Irregular Raises $80 Million in New Funding Round
Irregular, an AI security company formerly known as Pattern Labs, announced an $80 million funding round led by Sequoia Capital and Redpoint Ventures, with participation from Wiz CEO Assaf Rappaport. The capital values the firm at $450 million and will support its work securing frontier AI models, including building simulated environments to test emerging risks. Co‑founders Dan Lahav and Omer Nevo emphasized the growing need for robust defenses as large language models become more capable, citing the company's SOLVE framework and its role in evaluating models like Claude 3.7 Sonnet and OpenAI's upcoming releases. Leer más →

AI Security Firm Irregular Raises $80 Million in New Funding Round

AI Security Firm Irregular Raises $80 Million in New Funding Round
Irregular, an AI security company formerly known as Pattern Labs, announced an $80 million funding round led by Sequoia Capital and Redpoint Ventures, with participation from Wiz CEO Assaf Rappaport. The capital values the firm at $450 million and will support its work securing frontier AI models, including building simulated environments to test emerging risks. Co‑founders Dan Lahav and Omer Nevo emphasized the growing need for robust defenses as large language models become more capable, citing the company's SOLVE framework and its role in evaluating models like Claude 3.7 Sonnet and OpenAI's upcoming releases. Leer más →

AI Security Firm Irregular Raises $80 Million in New Funding Round

AI Security Firm Irregular Raises $80 Million in New Funding Round
Irregular, an AI security company formerly known as Pattern Labs, announced an $80 million funding round led by Sequoia Capital and Redpoint Ventures, with participation from Wiz CEO Assaf Rappaport. The capital values the firm at $450 million and will support its work securing frontier AI models, including building simulated environments to test emerging risks. Co‑founders Dan Lahav and Omer Nevo emphasized the growing need for robust defenses as large language models become more capable, citing the company's SOLVE framework and its role in evaluating models like Claude 3.7 Sonnet and OpenAI's upcoming releases. Leer más →

AI Security Firm Irregular Raises $80 Million in New Funding Round

AI Security Firm Irregular Raises $80 Million in New Funding Round
Irregular, an AI security company formerly known as Pattern Labs, announced an $80 million funding round led by Sequoia Capital and Redpoint Ventures, with participation from Wiz CEO Assaf Rappaport. The capital values the firm at $450 million and will support its work securing frontier AI models, including building simulated environments to test emerging risks. Co‑founders Dan Lahav and Omer Nevo emphasized the growing need for robust defenses as large language models become more capable, citing the company's SOLVE framework and its role in evaluating models like Claude 3.7 Sonnet and OpenAI's upcoming releases. Leer más →

AI Security Firm Irregular Raises $80 Million in New Funding Round

AI Security Firm Irregular Raises $80 Million in New Funding Round
Irregular, an AI security company formerly known as Pattern Labs, announced an $80 million funding round led by Sequoia Capital and Redpoint Ventures, with participation from Wiz CEO Assaf Rappaport. The capital values the firm at $450 million and will support its work securing frontier AI models, including building simulated environments to test emerging risks. Co‑founders Dan Lahav and Omer Nevo emphasized the growing need for robust defenses as large language models become more capable, citing the company's SOLVE framework and its role in evaluating models like Claude 3.7 Sonnet and OpenAI's upcoming releases. Leer más →