Israeli AI security co Alice raises $140m
Israeli AI trust, safety, and security company Alice announced a $140 million financing round led by Apax Digital, with participation from Samsung, SentinelOne, and others. The round values the company at $800 million, bringing total funding to $280 million. Alice, formerly ActiveFence, uses a proprietary dataset called Rabbit Hole to predict and prevent attacks on AI systems.
Israeli AI trust, safety, and security company Alice announced a $140 million financing round led by Apax Digital, with participation from Samsung, SentinelOne, Maj Invest, MoreTech, Phoenix Insurance, Norwest, CRV, Vintage, Grove, and Highland Europe. The round values the company at $800 million, bringing total funding to $280 million. Alice's annual recurring revenue is approaching $100 million. Founded as ActiveFence by CEO Noam Schwartz, CTO Iftach Orr, and CCO Alon Porat, Alice has built a proprietary dataset of real-world threats called Rabbit Hole. The company uses that intelligence to predict and prevent attacks on AI systems. Alice provides AI safety solutions across the full lifecycle of AI systems, working with frontier labs including Anthropic, Google, and Nvidia to simulate malicious prompts and agentic tasks to identify and prevent dangerous model behavior, and harden models against jailbreaks and prompt injection attacks. The company will use the funding to advance its AI platform, expand the Rabbit Hole dataset, and scale its go-to-market organization serving foundation model labs and enterprises.