AI All Funding Startup News in Korea (Korean Startup News)

eROUN&COMPANY Secures Seed Investment for Generative AI Security

2024-03-08 < 1 min read

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eROUN&COMPANY Secures Seed Investment for Generative AI Security

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Korean generative AI security company, eROUN&COMPANY, has secured seed investment from Mark&Company and the Yoonmin Foundation.

Founded in January 2024, eROUN&COMPANY offers solutions that enable businesses to use artificial intelligence safely and conveniently, thereby enhancing work productivity and efficiency. The company provides services that prevent the leakage of personal, sensitive, and critical information when public institutions or private companies utilize generative AI.

A representative from Mark&Company, who participated in the investment, stated, “Generative AI is an area that institutions and companies will inevitably adopt to increase their employees’ productivity. However, there is currently a lack of security alternatives. We expect the team, led by a CEO with experience in listing information security companies, and a veteran team that has worked together in the industry, to provide leading solutions in generative AI security.”

Yoon Doosik, CEO of eROUN&COMPANY, said, “It is time to proactively prepare for security threats specialized in LLMs (Large Language Models based on artificial neural networks), like ChatGPT. eROUN&COMPANY is poised to become a core company in AI security,” expressing his ambition for the future.

[Korea Security Startup News]


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