Silence Laboratories, a Singapore-based company creating infrastructure to enable complex data collaborations between enterprises and entities, raised $4.1M in funding.
The round was led by Pi Ventures and Anurag Arjun, along with angel investors.
The company intends to use the funds to scale its tech & business teams and enrich its R&D pipeline.
Led by CEO and Founder Dr. Jay Prakash, Dr. Andrei Bytes (CTO) and Dr. Tony Quek, Silence Laboratories is a privacy tech company that enables enterprises to adopt privacy-enhancing technologies through a combination of cryptography and security engineering. The company’s mission is to enable a global privacy-compliant collaboration infrastructure that would enable enterprises to collaborate, and exchange inferences while removing all single points of failure.
Commenting on the news, Dr. Jay Prakash said: “In today’s digital ecosystem, trust, and privacy are not merely options but imperatives for sustainable growth. With this new injection of funds, Silence Laboratories is poised to redefine privacy by enabling businesses to fully embrace the power of AI while rigorously protecting their most vital asset – customer trust. Our privacy-enhancing technologies assure that collaboration and innovation can flourish in an environment where the confidentiality and integrity of data are uncompromised.”
FinSMEs
29/02/2024