Alphabet Inc Class CImpact on stocks 1
Alphabet Inc Class CAlice, an AI trust, safety, and security company, announced a $140 million funding round led by the Apax Digital Funds, with participation from MoreTech and Phoenix Financial, alongside existing investors Resolute Ventures, Grove Ventures, CRV, Highland Europe, Vintage Investments, Norwest, NFX and Claltech. The round brings total funding to $280 million, and Apax Digital will join the company's board. Alice is approaching $100 million in ARR, with its AI business growing more than 500% over the past two years. The company protects more than 3 billion people online and works with 8 of the 10 leading AI model labs, including Anthropic, Google, and Cohere. Alice will use the funding to advance its AI platform, expand its Rabbit Hole dataset of adversarial content, and scale its go-to-market organization.
Alphabet Inc Class C