Unbound Secures $4M to Enhance AI Management in Enterprises

Unbound has raised $4 million to help enterprises manage AI tools securely, announced in a press release. The funding round was led by Race Capital, with participation from Wayfinder Ventures, Y Combinator, and other investors.

Unbound's platform provides IT teams with the necessary visibility and controls to safely introduce and manage AI tools within organizations. The AI Gateway integrates with commonly used tools, offering real-time protection, model routing, and usage analytics. This approach helps prevent sensitive information leakage and optimizes AI model costs and performance.

The company, founded by Rajaram Srinivasan and Vignesh Subbiah, aims to address the security gaps in AI adoption by providing fine-grained control over model access and cost. Unbound's solution has already helped mid-market customers save significantly on AI seat licenses and prevented numerous data leaks.

With the new funding, Unbound plans to expand its integrations across the AI ecosystem and enhance its model routing capabilities, ensuring enterprises can adopt AI tools without compromising security or governance.