4 years ago

Confidential Computing Startup Profian Raises $5M Seed Funding

  • Profian, a Cambridge-based confidential computing startup, has raised $5 million in a seed funding round led by Project A Ventures and Illuminate Financial

  • The round also saw participation from angel investors including Olivier Pomel (CEO of Datadog) and Tyler McMullen (CTO of Fastly)

  • The funding will be used to develop open source products and services around Confidential Computing, enhancing application security

  • Profian's platform aims to enable organizations to deploy sensitive data and applications in hybrid, multi-cloud environments securely.

      • ProblemTechnology

      "Businesses need a secure way to process sensitive data in the cloud, especially with increasing data breaches and regulatory requirements."

      Solution

      "Profian provides a confidential computing platform that uses hardware-based Trusted Execution Environments (TEEs) to protect data while it's being used in the cloud, offering verifiable trust and cryptographic proof for enhanced security."

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