AI Security Startup Alice Raises $140 Million as Enterprise AI Threats Surge
Brief
Alice, the AI trust, safety, and security company formerly known as ActiveFence, has closed a $140 million funding round led by Apax Digital Funds, with new backing from SentinelOne, Samsung Electronics, Maj Invest, MoreTech, and Phoenix Insurance, alongside existing investors Resolute Ventures, Grove Ventures, CRV, Highland Europe, Vintage Investment Partners, Norwest, NFX, and Claltech.
The round pushes Alice’s total funding to $280 million and, according to Bloomberg, values the Israeli-founded company at nearly $1 billion, while Globes reported the round closed at an $800 million valuation. Apax Digital will take a seat on Alice’s board as part of the deal.