Alice raises $140mn to stress-test the models Anthropic and Google ship

Alice, formerly ActiveFence, raised $140 million, bringing total funding to $280 million and valuing the company at $700 million–$1 billion. It leverages an eight-year “Rabbit Hole” archive of fraud, extremism, manipulation and cyber-attack content to stress-test AI models from Anthropic, Google, Cohere and others for jailbreaks, prompt-injection and data-leak risks. The AI security unit now generates close to $100 million in annual recurring revenue, has grown over 500% in two years, and employs roughly 400 staff, including more than 150 researchers.