Alice raises $140M as its AI security business grows more than 500%
$140M. Alice (formerly ActiveFence) just closed its largest round as AI security demand surges past 500% YoY growth.

Why it matters
Major funding for an AI safety/adversarial-testing vendor signals investor confidence in the guardrails market as frontier labs and enterprises scale AI deployment. The 500%+ growth validates that AI security is moving from nice-to-have to must-have infrastructure.
The key facts
6 to know$140M funding round led by Apax Digital Funds
Company rebranded from ActiveFence earlier in 2026
Business growth exceeds 500% YoY
Customers include frontier labs and large enterprises
Focus: adversarial testing and guardrails for AI models
Founded 2018
Go to the source
SiliconAnglesiliconangle.com
Publisher excerpt: AI trust, safety and security company Alice today announced a $140 million funding round led by Apax Digital Funds. Until a rebrand earlier this year the company was called ActiveFence. It sells adversarial testing and guardrails for AI models, with frontier labs and large enterprises as customers.…