The new funding, which values the company at $53 million, will be used to double the company's staff from 10 to 20 by the end of the year. Nexusflow's offerings also include Nexflus Copilot, a unified conversational interface that converts instructions into action insights, and the NexusRaven-13B, which is said to deliver significantly lower costs and faster inference speed than GPT-4.
Key takeaways:
- Generative AI cybersecurity startup Nexusflow.ai Inc. has raised $10.6 million in new funding led by Point72 Ventures LP, with Fusion Fund LLC and several individual investors also participating.
- The company's NexusRaven generative AI platform allows enterprises to own AI models without leaking sensitive data, achieving an accuracy rate of up to 95% in security applications.
- Nexusflow's other offering, Nexflus Copilot, offers a unified conversational interface that converts instructions into action insights, helping to speed up decision-making.
- The new funding will be used to increase the company's staff from 10 to 20 people by the end of the year, and the company is valued at $53 million.