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Software development startup RapidCanvas Inc. today announced that it has raised $29 million in funding.
Summary
Vertex Ventures SEA & India led the Series B round with contributions from Hitachi Ventures, Accel, Peak XV Partners, Valley Capital Partners and Titanium Ventures. The deal follows a $16 million investment in 2024.
This is a brief wire summary, the full story (linked below) has the complete details.
KazaSec's take
AI-related security incidents are a genuinely new category, prompt injection, model manipulation, and data leakage through an LLM integration don't map cleanly onto traditional application security testing, and are worth assessing deliberately rather than assuming existing controls already cover them.
Coverage details
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