His sister suggested he take courses at UCLA as they lived close to the campus.
He became fascinated with technology from an early age but did poorly in school.
They were able to immigrate to the US because of legislation sponsored by then Congressman David Dreier in the 80’s who in a twist of fate became one of my first advisors and mentors at the company,” says Serebryany. “My parents immigrated from Ukraine, but at the time, it was the Soviet Union. He grew up in Los Angeles where his immigrant parents overcame their humble start in the US to build a company with 2,000 employees that they later sold. Serebryany’s journey to becoming an entrepreneur and CEO is anything but typical.
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In June of 2023 the company raised $23 million in a Series A-1 round led by Paladin Capital Group with participation from Lockheed Martin Ventures, Hakluyt Capital and Expeditions Fund. The company has raised nearly $40 million in venture funds to date. With some 40 employees, the company has widened its customer base to include companies in the financial, technology and pharmaceutical industries. Today, CalypsoAI is at the forefront of securing AI with deployments in places like Ukraine, where battlefield AI uses may be the defining aspect to a winning combat strategy.Īccording to Serebryany, CalypsoAI is the largest company in the AI security space based on revenue. The company found its initial product market fit in the government with customers from the intelligence and defence agencies, then later with defence related companies like Lockheed Martin. Two, I assumed the people actually deploying AI models would be concerned about security. Doesn’t everyone across America? I know how ridiculous it sounds in retrospect. Super big mistake, but those were the only people I had known growing up and so I kind of assumed, hey, all my friends are building AI models over the weekend. “I had made two mistakes: mistake number one was I had assumed that the rate of progress that all of my friends had been on in Silicon Valley was indicative of the broader kind of American context.
The company was early to the AI security market, as AI itself was not yet widely adopted. In choosing a name for the company he and his sister decided on “Calypso” after the name of famed underwater explorer Jacques Cousteau’s ship used on his missions, as Serebryany is an avid scuba diver.Īfter a couple of months of assembling all of the pieces together to form the company and build the platform, the fledgling company set out to sell its platform. And we got going on this mission to secure AI,” says Serebryany. What do you think about backing it?’ They said, ‘Yes,’ and we raised our seed round. “I basically went to them and said, ‘Hey, I want to start a company focused on AI security. And so, I decided to start the company.”Ī child prodigy, Serebryany had started taking college courses at UCLA when he was 13, where at 14 he met the founder of Lightspeed venture capital and UCLA alum, Barry Eggers, as well as other VCs. I was 19 at the time, so obviously nothing happened. “Everyone was so afraid of what would happen if this AI got hacked, or messed with in any way, how could it be used on anything critical? And so, I ended up suggesting a white paper on what they should do. While at the agency, Serebryany wrote a paper on AI security.
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