CipherMode Labs raises $6.7 million and launches CipherCore

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CipherMode Labs announced it has closed $6.7 million in seed financing led by Innovation Endeavors with participation from Pillar VC, the National Science Foundation, and several technology executives. CipherMode is also announcing the release of its open source platform that allows software developers and data scientists to analyze encrypted data while maintaining data confidentiality during the process. The platform is aimed to accelerate the adoption of secure computation technology since it allows anyone to use … More

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