Lockheed Martin Ventures helped the artificial intelligence-focused cybersecurity startup close a round that will fund R&D and global growth.

CalypsoAI, a US-based developer of cybersecurity technology for artificial intelligence applications, completed a $13m series A round on Wednesday that included aerospace manufacturer Lockheed Martin.

The round was led by venture capital firm Paladin Capital Group and also featured 8VC, Frontline Ventures, Lightspeed Venture Partners, Manta Ray Ventures, Pallas Ventures and undisclosed others. Lockheed Martin invested through its Lockheed Martin Ventures unit.

Founded in 2018, CalypsoAI has built a software platform that validates and monitors AI and machine learning functionality…

Robert Lavine

Robert Lavine is special features editor for Global Venturing.