Obsidian Security raises funding at $1.1 billion valuation on AI security demand

Aug 4 : Obsidian Security said on Tuesday it had raised $85 million in a Series D funding round that valued the AI security startup at $1.1 billion, as businesses seek to secure a growing number of AI agents accessing sensitive enterprise data.The round, led by Crescent Cove Advisors, comes as businesses adopt autonomous software agents with access to customer records, source code, and other critical enterprise systems amid growing scrutiny of AI agent safety.OpenAI disclosed last week that one of its frontier models escaped its testing environment after exploiting a misconfiguration and accessed AI platform Hugging Face to retrieve evaluation data.Anthropic separately said one of its experimental agents breached multiple enterprise environments during internal testing after exploiting wea