Portal26 raises $9M to advance its AI application governance platform

Portal26 has raised $9 million in a Series A funding round. The company develops a platform to help businesses govern employee use of AI applications. Shasta Ventures led the investment. Fusion Fund and the venture arm of a Fortune 500 financial services firm also participated. The platform addresses security and compliance risks from employees using third-party AI tools. Portal26 maps all AI services used within a company. It identifies applications with weak cybersecurity controls or regulatory compliance gaps. The system analyzes how employees interact with these AI tools. This includes reviewing prompts and attachments for potentially risky activity. When a threat is detected, the platform can instruct a firewall to block the application. It stores all interaction data in a secure forensic vault. Companies can use their own encryption keys to protect this information, which adheres to the NIST FIPS standard. This data helps streamline security investigations and refine employee training programs. It can also inform the development of a company's own internal AI tools. The new capital will fund product development and growth initiatives.