European AI rising star Nexos.ai raises $30M to unlock enterprise AI adoption | TechCrunch
News Source : TechCrunch
News Summary
- Nexos.ai is a platform that helps companies adopt AI tools securely.
- It acts as a middleman between employees and AI systems.
- Co-founders Tomas Okmanas and Eimantas Sabaliauskas famously bootstrapped their previous businesses, including Nord, the $3 billion cybersecurity company behind NordVPN.
- The new round was raised at a €300 million valuation (approximately $350 million), according to a company spokesperson.
- According to a press release, the funding will now support expansion across Europe and North America.
For most enterprise companies, AI is either a promise that has yet to deliver or a security risk. The effort of Lithuanias most famous entrepreneur duo to solve that conundrum has garnered attention [+4082 chars]
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