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Identity Security startup Orchid Security raises $36 mln in seed funding

Business

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JERUSALEM, Jan 14 (Reuters) - Orchid Security, which focuses on protecting customers' identity as AI continues to grow, said on Tuesday it raised $36 million in an early stage funding round and emerged from so-called "stealth mode" after a year of working in secrecy. The seed round was led by Intel Capital and Team8, with participation from CapitalOne and other businessmen, with the funding aimed at accelerating Orchid's growth using large language models to address the challenge of managing identity systems. Orchid, based in New York with its R&D in...

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