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INDUSTRY FIRST

Cipher Mode Labs announced it raised $4.6 Million in an initial filing

Apr 25, 2024over 1 year ago

Amount Raised

$4.6 Million

Round Type

seed

Los AngelesInformation Technology

Company Information

Company

Pyte

Location

445 S. FIGUEROA STREET, SUITE 3190

Los Angeles, California, United States

About

Pyte (formerly known as CipherMode Labs) is a secure data collaboration solutions provider. The company’s cutting-edge technology allows marketers and data providers to collaborate, match and run computations on encrypted data without decryption at any point in the data lifecycle. Our technology enables enterprises to seamlessly leverage their data across cloud environments, partners, and jurisdictions while remaining privacy compliant and protecting against data breaches. Pyte’s proprietary secure multiparty computation (SMPC) cryptographic technology is based on a decade of academic research by Pyte’s co-founders Sadegh Riazi, CEO, and Ilya Razenshteyn, CTO. The company’s technology enables end-to-end encryption data collaboration software unlocking perfectly secure communication of data between two or more enterprises without ever having to move or share PII on consumers.

FundzWatch™ Score

79
Medium Activity

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