As we continue to expand Reality Defender’s team and platform capabilities, we are thrilled to announce that we are also expanding our Series A fundraising. This funding will continue to support the critical role Reality Defender plays in combating the growing threats posed by deepfakes and AI-generated content.
The expanded round was led by Illuminate Financial, a firm renowned for its focus on Fintech and enterprise software, with additional support from Booz Allen Ventures, IBM Ventures, the Jefferies Family Office, and Accenture. We are also grateful for the continued backing from our existing investors, including DCVC, The Partnership Fund for New York City, and Y Combinator.
Since our founding in 2021, Reality Defender has been at the forefront of providing robust solutions to detect deepfakes across all media formats, including audio, video, images, and text. Our RSAC Innovation Award-winning platform is now a trusted ally for enterprises, governments, and platforms worldwide, helping safeguard their operations against the escalating threats of AI-enabled fraud and disinformation.
Protecting Critical Industries with Deepfake Detection
The proactive development of our platform has allowed us not only to keep pace with the many ills brought on by deepfakes and generative AI, but also to protect against novel and future threats as they emerge. As synthetic media attacks continue to rise, particularly in the financial sector, the importance of Reality Defender’s technology has never been more apparent.
With this new capital and our new venture partners, Reality Defender is poised to expand our reach and continue our mission of protecting organizations, governments, and individuals from the many dangers of malicious deepfakes and AI-generated content. We look forward to growing our partnerships and developing even more powerful solutions to tackle the deepfake challenges of today and tomorrow.
We are incredibly grateful to our investors for their faith in our mission and their dedication to fighting the threat of deepfakes across industries. By sharing in values, resources, and expertise, we can face the nefarious misuse of generative AI and build a future in which the lines between truths and fictions are clearly delineated, and businesses, institutions, and platforms needn’t face a constant barrage of attacks and the onslaught of fraudulent content unprotected.
The Future is Bright
Despite the continuous rise of malicious deepfakes, I and the Reality Defender team are optimistic about all that’s ahead of us. We continue to release improved state-of-the-art detection models tailored to our clients’ specific needs, such as the real-time voice deepfake detection product currently deployed in call centers around the world. Our data partnerships allow us to stay ahead of malicious actors by fortifying our detection models with access to the deepfake creation tools that have yet to be released.
2024 has been a pivotal year for the development and accessibility of generative AI, and a crucial time to reassess the deepfake threat and develop new state-of-the-art multi-modal tools to protect the world from its dangerous impact. In an era where advancements in AI make it impossible for any one person to differentiate between reality from fabrication, we stand ready to do our part in turning the tide of AI-driven disinformation.
The Reality Defender team is committed to identifying and nullifying these threats, while proactively ensuring they don't erode the pillars of public trust, enterprise, and democracy. With strong alliances and generous support from our partners, we remain dedicated to protecting truth, integrity, and authenticity against the most sophisticated forms of synthetic deceit.