Cornami, a firm helping organisations encrypt data to protect it from post-quantum threats, has bagged $68m from a Series C round.
The round was led by SoftBank Vision Fund 2 and saw participation from Impact Venture Capital, Octave Ventures, Applied Ventures and other existing investors. To date, Cornami has raised over $150m.
According to Security Week, Cornami offers a software-defined TruStream Computational Fabric architecture designed to enable high-performance real-time computing for critical and complex applications.
Cornami said that its technology can deliver scaled performance for massive datasets, helping firms accelerate Fully Homomorphic Encryption to keep data protected from post-quantum threats.
Impact Venture Capital founding general partner Jack Crawford said, “Cornami’s technology has a unique ability to address today’s real-time high performance computing requirements along with programming flexibility for large growing markets like cybersecurity, artificial intelligence, and cloud computing.”
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Copyright © 2018 RegTech Analyst
