M&A Deal Summary

Protect AI Acquires Laiyer AI

On January 31, 2024, Protect AI acquired information technology company Laiyer AI

Acquisition Highlights
  • This is Protect AI’s 1st transaction in the Information Technology sector.
  • This is Protect AI’s 1st transaction in Denmark.

M&A Deal Summary
Date 2024-01-31
Target Laiyer AI
Sector Information Technology
Buyer(s) Protect AI
Deal Type Add-on Acquisition

Target

Laiyer AI

Berlin, Denmark
website
Laiyer AI provides security solutions for addressing the challenges associated with deploying LLMs. Its LLM Guard offers a transparent, open-source alternative that bolsters confidence in deploying LLMs at an enterprise scale. Laiyer AI is based in Berlin, Denmark.

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Buyer(S) 1

Buyer

Protect AI

Seattle, Washington, United States

website

Category Company
Sector Information Technology
DESCRIPTION

Protect AI is a cybersecurity company focused on AI & ML systems. Through the delivery of innovative security products and thought leadership in MLSecOps, the company helps customers build a safer AI-powered world. Protect AI is based in Seattle, Washington, with offices in Dallas, Texas, and Raleigh, North Carolina.

DEAL STATS #
Overall 2 of 2
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 2 of 2
Country (Denmark) 1 of 1
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-08-08 huntr

Seattle, Washington, United States

huntr provides a single place for security researchers to submit vulnerabilities, to ensure the security and stability of AI/ML applications, including those powered by open source software (OSS). huntr is based in Seattle, Washington.

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