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Apex secures $7M seed round for expansion

Apex, a Tel Aviv-based AI security startup, raised $7M in seed funding.

The funding round was co-led by Sequoia Capital and Index Ventures, with participation from prominent angel investor Sam Altman, CEO of OpenAI.

Apex plans to utilize the funds to accelerate product development, recruit talent, and enhance its market presence.

Founded in 2023 by Matan Derman (CEO) and Tomer Avni (CPO), Apex offers a platform that ensures comprehensive AI security and compliance.

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