Pangea Cyber

The firm targets software developers, SaaS platform providers, and security operations centers, aiming to simplify the process of embedding security and compliance features into cloud and mobile applications. Instead of building security functions from scratch, developers can integrate Pangea's services directly into their code. The business model is analogous to Infrastructure-as-a-Service platforms like AWS, but focused exclusively on cybersecurity functionalities. Revenue is generated on a pay-as-you-go basis, allowing developers to start for free and scale their usage.

Pangea's core offering is its AI Guardrail Platform, which empowers security teams to secure AI applications and manage AI use within the workforce. This platform includes a comprehensive set of API-based microservices. Key services include Secure Audit Logging, sensitive data redaction, file and domain intelligence, embargo checking, user authentication and authorization, and secure file sharing. More recently, Pangea has expanded its offerings to address the security risks of Large Language Models (LLMs), launching tools like AI Guard and Prompt Guard. These features are designed to prevent prompt injection attacks, sensitive data leakage, and other AI-related vulnerabilities, covering a majority of the OWASP Top Ten Risks for LLMs. The platform provides unified visibility and AI Detection and Response (AIDR) capabilities, helping security teams monitor and trace all AI activity across an organization.

Since its inception, Pangea has secured significant financial backing. The company emerged from stealth in May 2022 with a $25 million Series A round led by Ballistic Ventures. This was followed by a $26 million Series B round in November 2022, led by GV (formerly Google Ventures), with participation from Okta Ventures and others, bringing its total funding to over $51 million. This capital is being used to accelerate product development and drive developer adoption.