Privacy Firm TripleBlind Gets $8.2m Funding

In the US, data privacy specialist TripleBlind has raised $8.2m in an oversubscribed round of seed funding.

TripleBlind's API-driven virtual exchange allows data scientists to perform the operations they need without the privacy risk of working with raw data. Enterprises can use its software to share and monetize regulated data while enforcing regulatory standards such as HIPAA, GDPR and PDPA.

New funding was led by Dolby Family Ventures with strategic investment from a number of others including NextGen Venture Partners and Wavemaker Three-Sixty Health. Existing investors also participated, including Accenture Ventures, Flyover Capital and KCRise Fund.

CEO and co-founder Riddhiman Das (pictured) comments: 'The return of all previous investors, the breadth of new investors and the oversubscription of the round demonstrate to us that data privacy experts support our new, breakthrough approach for enforcing data privacy while enabling organizations to gain insights from data. Thanks to our forward-looking investors, TripleBlind can accelerate our mission to free trapped data so enterprises can collaborate while concurrently enforcing data privacy and regulatory standards'.

Web site: www.tripleblind.ai .

All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.