Although the valuation may not seem especially high, Prompt is only two years old and has raised just $23 million to date, representing a rapid and significant return for its investors. These include the Israeli venture capital fund Hetz Ventures, Jump Capital, Ridge Ventures, and major technology companies Okta and F5.
Prompt Security was founded in August 2023 by Itamar Golan (CEO) and Lior Drihem (CTO), both graduates of Israel’s elite 8200 Unit and experts in cybersecurity and artificial intelligence. Itamar previously founded the AI divisions at Check Point and Orca Security, while Lior served as Director of Innovation at Check Point before joining Orca Security alongside Itamar.
Prompt’s solution secures every point of interaction between generative AI tools and the organization. It monitors employee use of tools such as browsers, code assistants, and GenAI integrations, as well as AI-enhanced applications developed internally. The platform analyzes every prompt and response to detect potential exposure of sensitive data, block harmful content, and defend against AI-specific attack vectors such as toxic prompts.
Related articles:
The rise of generative AI has shaken the cybersecurity landscape on nearly every level. Hackers are using AI to craft more sophisticated attacks, including prompt-based exploits, while employees unknowingly expose sensitive information through tools like ChatGPT. On the defense side, AI is accelerating the development of security solutions.
In April, Palo Alto Networks fired the starting gun with its $700 million acquisition of Protect AI. In May, Tenable followed with a $100 million purchase of Israeli startup Apex, heating up the market further. Cisco, meanwhile, made its first move a year ago with the $500 million acquisition of Israeli company Robust Intelligence.
