DUBLIN, October 2, 2024 (GLOBE NEWSWIRE) — CalypsoAIthe global leader in adaptive AI security, today announced that Dublin will be the company’s co-global headquarters and will increase its headcount in Ireland to 100 people over the coming year, as it is developing a truly transatlantic business.
The Dublin headquarters will house the vast majority of CalypsoAI’s high-value R&D functions, a pioneer in the AI security category since the company’s founding in the US in 2018. The Dublin office will house leading AI and cybersecurity talent and will play a key role in CalypsoAI’s growth and innovation globally.
CalypsoAI has developed a GenAI-based technology platform and suite of security solutions that enable large organizations to securely deploy and orchestrate GenAI technologies at scale in their operations. The company provides its solutions to some of the world’s largest financial and security companies and has established significant strategic partnerships with technology leaders, including Palantir Technologies, Inc. And IBM Watsonx.
Industry leaders predict the AI security market will be worth more than 100 billion dollars per year by 2030 in employee use of AI, AI models, and AI-based applications.
Supported by the Irish Government through IDA Ireland, CalypsoAI is recruiting immediately for a range of roles across engineering, data science, sales, marketing and operations. The Dublin city center co-headquarters will also serve as a hub for the AI community, with events and other opportunities to collaborate and share information with the local and international AI ecosystem .
An AI-focused company, CalypsoAI established an Irish entity in 2018 and opened its AI Center of Excellence in Dublin in 2023. The company appointed Donnchadh Casey as CEO in August this year, succeeding founder Neil Serebryany, who remains a member of the CalypsoAI board of directors. CalypsoAI’s US headquarters will also move to New York as the company sees continued demand from companies across multiple verticals.
Donnchadh Casey, CEO of CalypsoAI, said: “It is clear that trust and security are the key enablers for the successful implementation of AI at the enterprise level. With the opening of our co-headquarters in Dublin, a globally recognized hub of technology expertise, we are committed to continuing our ambitious expansion to produce solutions to the biggest security challenges facing AI implementation . We look forward to tapping into the incredible talent pool that Ireland and the wider EMEA region have to offer, in order to seize the opportunities that lie ahead.
Minister for Enterprise, Trade and Employment, Peter Burke TD, said: “Congratulations to CalypsoAI on the opening of its co-headquarters in Dublin and its plans to expand its headcount to 100 people. With the rapid evolution of AI, the need for safe and secure access to AI is increasingly important. I particularly welcome the highly skilled positions that will be offered in Dublin, well suited to the talented workforce available here.
Michael Lohan, CEO of IDA Ireland, said: “I am excited about CalypsoAI’s plans to grow to 100 people in its new headquarters in Dublin. This demonstrates a significant vote of confidence in the Irish technology ecosystem and in particular our highly skilled workforce. These high-value jobs will not only contribute to the local economy, but also promote innovation in the AI sector. I wish CalypsoAI all the success here in Ireland.
“I very much welcome CalypsoAI’s announcement of the opening of its co-headquarters in Dublin,” said Minister of State for Trade Promotion, Digital and Business Regulation, Dara Calleary TD. “Our national AI strategy, AI – Here for Good, sets out the government’s intention to harness trustworthy, person-centered AI for our collective economic and societal good. CalypsoAI is a leader in security for generative AI and it is great to see that the new Dublin headquarters will play a vital role in global growth and innovation as it expands up to 100 people here.
To learn more about CalypsoAI, visit calypsoai.com and view open positions on the careers page.
About CalypsoAI
CalypsoAI is an adaptive AI security platform that enables businesses to innovate securely, staying ahead of evolving threats to deliver unparalleled protection and performance. As a trusted global leader, CalypsoAI partners with organizations of all sizes to responsibly unlock the full potential of AI. Founded in Silicon Valley in 2018 by the most talented minds in AI, data science and machine learning, CalypsoAI has established key partnerships with some of the world’s largest companies and secured support from investors such as Paladin Capital Group , Lockheed Martin Ventures, Lightspeed Venture Partners, 8VC, Hakluyt Capital and Empros Capital. The company has raised $38.2 million to date.
Contact
Communications V2 for CalypsoAI
calypsoai@v2comms.com
The photos accompanying this announcement are available on
https://www.globenewswire.com/NewsRoom/AttachmentNg/369a782b-4d4c-42c2-9412-22a8b60d1635
https://www.globenewswire.com/NewsRoom/AttachmentNg/de384ee1-0be9-4315-a0b8-08e89e2ed8bf
https://www.globenewswire.com/NewsRoom/AttachmentNg/43c0421e-26e1-43db-9aa9-5b046445e412
