Nexusflow AI company raises $10.6 million seed funding
By SSN Staff
Updated 11:52 PM CDT, Sat September 30, 2023
PALO ALTO, Calif. – Nexusflow, a Generative AI leader targeting the cybersecurity industry, announced That it’s raised a $10.6 million seed round led by Point72 Ventures, with participation from Fusion Fund and several AI luminaries in Silicon Valley.
The company was founded by AI experts Professor Jiantao Jiao and Professor Kurt Keutzer from the Berkeley AI Research (BAIR) Lab, along with industry AI leader Jian Zhang. Zhang received his Ph.D. from the Stanford AI Lab and served as the former Machine Learning Director at SambaNova Systems, a $5B+ AI startup.
Nexusflow said that it allows enterprises to own advanced AI models without leaking their sensitive data. They said that in widely-used security applications, Nexusflow achieves an accuracy rate up to 95%, whereas OpenAI's GPT-4 achieves 64%.
“Nexusflow specializes in curating high-quality data for data-centric AI,” said Jiantao Jiao, CEO of Nexusflow. “We also leverage our expertise in generative AI systems to ensure efficient implementation and scalability, resulting in significantly lower costs compared to OpenAI's GPT-4.”
Nexusflow credits its accuracy to the NexusRaven model, just released by the company. With it Nexusflow enables enterprises to synthesize fragmented data from various knowledge sources and software tools, accelerating team decision-making and streamlining security operations workflows.
“Jiantao and the team at Nexusflow bring what we think is a unique skillset to address the challenges cybersecurity enterprises are facing today,” said Sri Chandrasekar, Managing Partner at Point72 Ventures. “We believe they represent the next frontier of generative AI research and are thrilled to support them on their journey.”
You can learn more online at nexusflow.ai.
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