Alice (formerly ActiveFence) has raised $140.0M in a Series B round, a significant infusion for a company repositioning itself as a security layer for the AI era. The funding brings together a broad syndicate that includes Apax Digital, Samsung, SentinelOne, and Norwest, among others.
The company, which built its name on trust and safety for user-generated content platforms, is now pitching itself as an end-to-end provider for AI risk-covering everything from pre-deployment red-teaming to runtime guardrails. That pivot from policing human content to policing machine behavior is the core of this round's story, and the investor list suggests both strategic and financial backers are buying into that evolution.
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