Inpher Secures $14 Million in Funding to Propel its Privacy-Enhancing Computation Solutions

In a significant move to bolster its mission of enabling secure AI adoption, Inpher, Inc., a frontrunner in privacy-enhancing computation, has successfully raised $14 million in its latest funding round. Established by a team of world-renowned cryptographers and engineers, Inpher has consistently positioned itself at the forefront of innovative technologies designed to empower organizations to leverage the power of artificial intelligence while safeguarding valuable and sensitive data. This fresh capital infusion will further enhance Inpher's SecurAI platform, which ensures that entities looking to harness generative AI technologies, including ChatGPT, can do so in a manner that prioritizes privacy and compliance. Known for its pioneering efforts in secure Multiparty Computation (MPC), Fully Homomorphic Encryption (FHE), and Federated Learning (FL), Inpher is committed to delivering enterprise-ready solutions that unlock the value of data housed within teams and across geographical boundaries without compromising its integrity. As businesses increasingly seek ways to integrate AI while adhering to stringent data privacy regulations, Inpher's innovations ensure that they can do so with confidence and trust. The new funding will also facilitate the expansion of Inpher's capabilities, supporting its mission to provide real-world examples of how privacy-enhancing technologies (PETs) can revolutionize the way organizations conduct data analysis and machine learning. With this funding, Inpher is poised to enhance its impact, helping organizations not only embrace AI but do so in a manner that is secure, compliant, and ethical.