Duality Secureplus News Today

Homomorphic encryption market is anticipated to grow at a CAGR of 8.3% during the forecast period.

Duality, a startup founded by groundbreaking cryptographers and data scientists that is building tools to make it easier for companies to share data and collaborate with each other without compromising sensitive information, has raised some funding on the back of some significant early deals, including a contract with the U.S. Department of Defense. The startup, […]

/PRNewswire/ -- Duality Technologies, a leading provider of privacy-enhanced data collaboration solutions, today announced that it has raised a $30M Series B...

Privacy-focused data collaboration solutions provider Duality Technologies today announced that it has raised $30 million in Series B funding.

Duality Technologies, a provider of privacy-enhanced data collaboration solutions, reveals that it has secured $30 million via a Series B round.

Duality has harnessed its expertise in Homomorphic Encryption (HE) and data science to develop the Duality SecurePlus secure data collaboration applications.

The increasing mobility of data, as it ping-pongs between clouds, data centers and the edge, has made it an easier target of cybercrime groups, which has put a premium on the encryption of that data in recent years. Cybersecurity vendors have stepped up, developing strong and efficient ways to encrypt data both while it’s at rest and when it’s in transit. However, there is a glaring weakness. When the data is being processed, analyzed or used by applications in another way, it needs to be u...