Gray Swan Raises $40M to Secure Enterprise AI Deployments

Gray Swan, an AI security company, has raised $40 million in Series A funding. This capital will help bring advanced security to enterprise AI deployments. Wing Venture Capital and Madrona co-led the round, with additional backing from several other investors. Gray Swan plans to use these funds to expand its market operations, strengthen ties with AI labs, and grow its team. The company focuses on securing the most advanced AI models. Its benchmarks are part of safety evaluations for models from companies like Anthropic, OpenAI, and Meta before public release. Gray Swan states that no other AI security provider has this level of access and trust across multiple leading labs. The company was founded by Matt Fredrikson and Zico Kolter, who identified a gap between AI security research and commercial availability. Gray Swan aims to close this gap as AI moves into production environments. The platform includes Cygnal for real-time monitoring and protection, and Shade, an automated red-teaming agent that tests for vulnerabilities. Gray Swan currently works with over 20 customers and has partnered with Snowflake to integrate its security capabilities directly into Snowflake's AI ecosystem. This matters because robust AI security is crucial as AI tools become more integrated into business operations.