The Technology team advised Reken in the closing of its $10 million oversubscribed seed round, led by Greycroft and FPV Ventures. Other investors in the round include Firebolt Ventures, Fika Ventures, Omega Venture Partners, Homebrew, and JAZZ Venture Partners.
The funding will be used for core research and development to build new AI technology and products to protect against generative AI threats, such as deepfake social engineering and autonomous fraud.
Reken is building a new category of AI products and platform to protect against generative AI threats.
The Goodwin team was led by Craig Schmitz, Stanley Phillips and Jenna Zendarski.
For additional details on the seed round, please read the press release.