AI security startup Unbound raises $4 million in round led by Race Capital
Unbound, which focuses on enterprise artificial intelligence (AI) security, has raised $4 million in an oversubscribed seed round led by Race Capital. Other investors include Wayfinder Ventures, Y Combinator, Massive Tech Ventures, and angel investors like Alpha Square Group and Northside Ventures.The Bengaluru-based startup plans to invest over $1 million in India, specifically for hiring and expanding its research and development (R&D) efforts. With a current team of eight in Bengaluru, Unbound said that it aims to support Indian companies in adopting secure, cost-effective AI solutions, highlighting the country's strength in innovation, focussed on real-world results.
'As AI tools become mainstream, enterprises are turning to flexibility and control,' said Rajaram Srinivasan, cofounder and CEO of Unbound. 'They want visibility into what's being used, assurance that their data is protected, and the ability to swap in better models as the space evolves. Unbound is the bridge that makes that possible.'
Founded by Srinivasan and Vignesh Subbiah, Unbound helps organisations safely integrate generative AI into their workflows. The platform gives IT and security teams the tools to oversee usage, monitor sensitive data flows, and enforce internal policies. 'Defaulting to blanket bans on AI tools is like being in the times of GPT 3.5. Unbound enables surgical security controls into every AI request so teams can innovate freely without putting corporate secrets at risk,' said Vignesh Subbiah, the company's CTO and cofounder.
According to Subbiah, Unbound's solution has helped clients prevent over 7,000 potential data leaks while also reducing their AI tool costs by nearly 70%.
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