Protect AI

Protect AI is a Seattle-based startup specializing in monitoring machine learning systems and was acquired by Palo Alto Networks.

Facts

HQ
Seattle
Sectors
Cybersecurity, AI, Machine Learning
Stage
Acquired
Total raised
$80.8M SEC Form D filings Total of this company's SEC Form D filings
Last round
$80.8M · Jul 2024 SEC Form D

Tin Can CEO Chet Kittleson and Founders Share Key Startup Lessons at Seattle Flow Day on May 15

At Seattle Flow Startup Day, experienced founders including Tin Can CEO Chet Kittleson shared lessons from their hardships, emphasizing building passionate companies, maintaining emotional stability, hiring capable people, disciplined fundraising, questioning the need for venture capital, and considering acquisition early. Kittleson recounted surviving a disastrous network outage that nearly ended his startup, highlighting resilience and customer-driven growth.

Seattle’s UW research, Amazon alumni and military adjacency fuel startups building high-stakes, regulation-ready AI for biotech, finance and government

A Seattle high-school intern argues that strict school AI rules illuminated why AI must be disciplined in high-stakes domains, and describes how Seattle's research institutions (notably UW and the David Baker ecosystem), Amazon alumni, and military adjacency produce founders building accountable, regulation-ready AI for biotech, finance, and government.

Seattle Cybersecurity Startup Protect AI, Founded by Ian Swanson, Acquired by Palo Alto Networks

Seattle-based cybersecurity startup Protect AI, founded by Ian Swanson and co-founders, was acquired by Palo Alto Networks after addressing AI security gaps in enterprises. Swanson leveraged his experience with previous startups and AWS to pivot Protect AI towards securing large-scale machine learning deployments, coinciding with increased AI adoption following ChatGPT's popularity.

Palo Alto Networks to Acquire Seattle AI Cybersecurity Startup Protect AI for Over $500 Million

Palo Alto Networks plans to acquire Seattle-based AI cybersecurity startup Protect AI, founded in 2022, for an estimated $500 million or more, aiming to strengthen its AI security offerings. Protect AI, which serves Fortune 500 clients and recently raised $60 million at a $400 million valuation, focuses on protecting machine learning systems amid rising AI-related breaches.

GeekWire 200 Updates Top Pacific Northwest Tech Startups Featuring Chainguard's $140M Raise and $1.1B Valuation

The GeekWire 200 ranking updates the top privately held tech startups in Seattle and the Pacific Northwest, highlighting companies like Chainguard that raised $140 million and reached a $1.1 billion valuation. The list spans various industries and regions including Oregon and British Columbia, emphasizing the area's strong B2B enterprise software and consumer tech sectors.

People

  • Daryan Dehghanpisheh Founder, Co-founder, Director
  • Ian Swanson
    Ian Swanson Founder, CEO & Founder (Acquired by Palo Alto Networks), Executive Officer, Director, Promoter