News Summary

Irregular, an AI security firm, has successfully raised $80 million in a funding round led by Sequoia Capital and Redpoint Ventures, with participation from Wiz CEO Assaf Rappaport. This latest funding round values the company at $450 million. The company, formerly known as Pattern Labs, is a significant player in AI evaluations and is cited in security evaluations for several advanced AI models. Irregular’s framework, known as SOLVE, is widely used for assessing model vulnerability detection. The company’s goal is to identify emerging risks in AI models before they become widespread, utilizing complex network simulations to test model defenses. As AI models increasingly detect software vulnerabilities, Irregular aims to secure these models against potential threats, a task that is ever-evolving as AI capabilities grow.