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Funding
Redactive AI raises USD 11.5 million to enhance AI solutions and expand US operations
Generative AI Infrastructure
Jul 3, 2024
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Generative AI Infrastructure

Generative AI Infrastructure

Jul 3, 2024

Redactive AI raises USD 11.5 million to enhance AI solutions and expand US operations

Funding

  • Redactive AI, an Australian startup, has raised USD 11.5 million in a seed funding round led by Blackbird Ventures and Felicis Ventures. Atlassian Ventures and automation software firm Zapier also participated.

  • Redactive AI plans to use the funding to expand its team and operations, focusing particularly on its presence in the US.

  • Founded by Atlassian alumni in 2023, Redactive AI provides an AI solutions platform to bridge the gap in AI engineering and security skills within enterprise software teams. Its platform allows the development of secure GenAI applications that adhere to data access, auditing, and AI governance requirements. 

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