Opaque, the secure data analytics platform company, today announced $9.5M in seed funding, led by Intel Capital with participation by Race Capital, The House Fund, and FactoryHQ.

Born out of UC Berkeley, Opaque Systems offers a service for secure data analytics and machine learning in the cloud. Opaque commercializes the open source MC2 Platform, which leverages a novel combination of two key technologies layered on top of state-of-the-art cloud security—secure hardware enclaves and cryptographic fortification. This combination ensures that the overall computation is secure, fast, and scalable. MC2 has already seen adoption by several institutions, such as Ant Group, IBM, Scotiabank, and Ericsson.

Data Analytics Platform, Opaque, Raises $9.5 Million Seed From Intel Capital And Race Capital To Unlock Encrypted Data With Machine Learning

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Data Analytics Platform, Opaque, Raises $9.5 Million Seed From Intel Capital And Race Capital To Unlock Encrypted Data With Machine Learning

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