SafeBase makes use of AI for automating software security assessments

Entrepreneurs Al Yang and Adar Arnon, each Harvard Business School graduates, diagnosed a shared hobby in cybersecurity and co-based SafeBase to cope with the growing want for greater protection procedures in state-of-the-art enterprise panorama. Accepted into Y Combinator’s accelerator software during the pandemic, the company these days secured $33 million in a Series B funding round led via Touring Capital.

SafeBase offers a technique to streamline the exertions-extensive system of completing security questionnaires, commonly required through groups earlier than buying a new software program. Leveraging AI fashions skilled for protection documentation, the platform automates the interpretation and response to protection inquiries, saving groups treasured time. Additionally, SafeBase affords rule-based totally consumer get right of entry to management and insightful dashboards to monitor safety posture.

Despite competition from different carriers like Conveyor, Kintent, and Quilt, SafeBase stands proud with its astounding purchaser roster, which includes Palantir, LinkedIn, Asana, and Instacart. The company has experienced tremendous boom and patron adoption, mainly to multiplied visibility throughout its dealer network and the replacement of guide protection opinions with computerized approaches.

With strategic investments from Zoom Ventures, NEA, Y Combinator, and others, SafeBase’s Series B investment spherical brings its general raised capital to over $50 million. A considerable portion of the funds will be allocated to increasing the company’s group as it keeps scaling operations. Based in San Francisco, SafeBase currently employs 55 professionals committed to advancing software protection thru automation and innovation.