Protect AI makes another acquisition, swooping up security startup SydeLabs

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Seattle cybersecurity startup Protect AI announced that it acquired SydeLabs, a Bangalore, India-based startup founded last year that helps companies secure their generative AI applications and systems.

  • The acquisition will boost Protect AI’s efforts to help companies monitor the various layers and components of machine learning systems.
  • Protect AI added all nine employees from SydeLabs as a result of the deal. Terms were not disclosed.
  • Protect AI acquired Laiyer AI earlier this year. The company, led by former engineering leaders at Amazon and Oracle, raised $35 million last year. It employs 75 people across Seattle, Berlin, and Bangalore.

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