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Illumex raises USD 13 million to improve GenAI security and governance
Generative AI Infrastructure
Jun 28, 2024
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Generative AI Infrastructure

Generative AI Infrastructure

Jun 28, 2024

Illumex raises USD 13 million to improve GenAI security and governance

Funding

  • Illumex, a Generative Semantic Fabric platform, has raised USD 13 million in seed funding led by Cardumen Capital, Amdocs Ventures, and Samsung Ventures.

  • The company intends to use these funds to improve its platform and expand operations.

  • Illumex offers a platform that automates the mapping of data semantics and resolves terminological inconsistencies across business silos. This platform helps organizations achieve AI and GenAI readiness by providing a layer that reconciles data silos, adds context to data, and supports transparent AI initiatives for transformative enterprise use cases.

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