Zenity Ltd., a leading company in the field of securing artificial intelligence (AI) and low-code application development, recently secured $38 million in Series B funding. The funding round was led by Third Point Ventures and DTCP, with participation from existing investors like Intel Capital Corp. and Vertex Ventures. This latest funding brings Zenity’s total financing to over $55 million, underscoring the growing investment interest in the company’s innovative security solutions. Established in 2021, Zenity initially entered the low-code/no-code application security market, focusing on App Security Posture Management (ASPM) and AI Security Posture Management (AISPM). As enterprises increasingly adopt AI and low-code applications, the need for robust security solutions has become more critical than ever.
Zenity’s platform offers a comprehensive solution for detecting and managing security vulnerabilities and secrets within AI and low-code apps. By centralizing visibility and inventory of AI copilots and applications across popular platforms such as Microsoft and Salesforce, Zenity aims to provide enterprises with a unified view of their security landscape. This centralized approach is crucial for detecting and preventing suspicious or malicious activities, including promptware attacks that can target AI systems with harmful prompts. Zenity’s offerings extend beyond detection to include policy authorization and tailored setups, designed to safeguard data and prevent information leaks through AI and low-code applications.
Expanding Security Solutions and Addressing New Threats
The platform also tackles emerging threats such as data poisoning, where malicious instructions are embedded into real-time data, manipulating AI responses. This issue is particularly concerning for retrieval-augmented generation (RAG) systems that keep AI agents updated with the latest information. Zenity’s solutions are designed to address these complex threats, providing enterprises with the tools they need to protect their AI and low-code applications from sophisticated attacks. Co-founder and CEO Ben Kliger emphasized the urgency of the situation, noting that the increasing adoption of AI and low-code development has led to a surge in demand for specialized security solutions.
Recent research conducted by Zenity supports this assertion, revealing that large enterprises often have around 80,000 AI-enabled apps, with a staggering 63% containing some form of security vulnerability. These vulnerabilities can range from minor issues to significant threats that could compromise an organization’s entire IT infrastructure. The rapid proliferation of AI tools in the enterprise sector is further evidenced by a McKinsey Global Survey, which highlighted that nearly 65% of organizations now regularly use generative AI—almost double the rate from just ten months prior. As businesses continue to integrate AI and low-code solutions into their operations, the importance of robust security measures cannot be overstated.
The Future of AI and Low-Code Application Security
Zenity Ltd., a prominent player in AI and low-code application security, recently secured $38 million in Series B funding. This round was spearheaded by Third Point Ventures and DTCP, with Intel Capital Corp. and Vertex Ventures also participating. The new funds bring Zenity’s total financing to over $55 million, reflecting growing investor confidence in the company’s cutting-edge security solutions. Founded in 2021, Zenity initially made its mark in the low-code/no-code application security sector, focusing on App Security Posture Management (ASPM) and AI Security Posture Management (AISPM). As more businesses integrate AI and low-code solutions, the need for stringent security becomes increasingly vital.
Zenity’s platform offers an all-encompassing solution for identifying and managing security risks and secrets within AI and low-code applications. By consolidating visibility and inventory of AI copilots and apps across major platforms like Microsoft and Salesforce, Zenity aims to give enterprises a unified view of their security landscape. This centralized strategy is essential for spotting and thwarting suspicious or harmful activities, such as promptware attacks. Beyond detection, Zenity also features policy authorization and custom setups to protect data and prevent information breaches via AI and low-code applications.
