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Trace Machina has officially exited stealth mode and is entering public beta after securing $4.7 million in seed funding. The funding round was backed by notable investors including Wellington Management, Samsung Next, Sequoia, Scouts Fund, and Green Bay Ventures. The company is developing a simulation testing platform aimed at updating safety-critical applications, a necessity highlighted by a recent incident where a faulty update from CrowdStrike disrupted operations at airports, 911 call centers, and hospitals. Additionally, LLUMO AI has raised $1 million in seed funding to create an enterprise-grade AI integration platform, with investments from Sense AI Ventures.
Trace Machina Raises $4.7 Million, Exits Stealth to Build AI Simulation for the Physical World https://t.co/R2LwvHppDt #AIinnovations #AIPoweredSecurity #TechSolutions #TechCollaboration
Trace Machina Secures $4.7 Million Seed Round, Investors: @Wellington_Mgmt @SamsungNext @sequoia @ScoutsFund @greenbayvc Follow AI Beat by #RiseAngle ; Leading Generative AI in Gaming 💎https:// https://t.co/kL9tebwmVH #VC #AngelInvesting #ChatGPT https://t.co/Brel6WeEoV
Trace Machina is building a simulation testing platform to update safety-critical applications: https://t.co/5C165XufCy by TechCrunch #infosec #cybersecurity #technology #news