Data Analytics Platform, Opaque, Raises $9.5 Million Seed From Intel Capital And Race Capital To Unlock Encrypted Data With Machine Learning
Data Analytics Platform, Opaque, Raises $9.5 Million Seed From Intel Capital And Race Capital To Unlock Encrypted Data With Machine Learning
07/07/21, 1:09 PM
Location
san francisco
Round Type
seed
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.
Company Info
Location
san francisco, california, united states
Additional Info
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.