Rhino Federated Computing raises $15M Series A to enhance AI collaboration tools. This funding, led by AlleyCorp, will advance their federated AI platform for regulated industries.

May 22, 2025•3 months ago

Amount Raised

$15 Million

Round Type

series a

BostonInformation TechnologySoftwareAnalytics

Investors

GaingelsFrank SicaWilson’s Bird CapitalKeren MaccabiTelus Global VenturesQiming Venture Partners UsaArkin Digital HealthFusion FundLion BirdAlley Corp

Description

Rhino Federated Computing, a startup focused on AI collaboration tools for regulated industries, has secured $15 million in a Series A funding round. The investment was led by AlleyCorp with participation from several other investors. This funding will help expand their enterprise-grade federated AI platform. Founded in 2020, the company aims to unlock the value of sensitive data while maintaining privacy.

Company Information

Company

Rhino Federated Computing

Location

Boston, Massachusetts, United States

About

Rhino Federated Computing, Inc. was formerly known as Rhino HealthTech, Inc. Rhino Federated Computing is the global leader in enterprise Federated Computing platforms, empowering organizations to accelerate their data strategies and expand AI partnerships. Their Rhino Federated Computing Platform (FCP) is designed to unlock proprietary data for AI and analytics without requiring data transfer. This platform supports multi-cloud and hybrid environments, ensuring security, compliance, and data governance.

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