ALPANA Ventures

Amazon Alexa Fund makes a strategic investment in Inpher

Consumer Data Protection in AI is a hot topic and demand for Secret Computing® has grown rapidly with the proliferation of AI. Our portfolio company INPHER, a pioneer in privacy-preserving machine learning has received a strategic investment from Amazon Alexa Fund for consumer data protection in AI.

With this promising collaboration, INPHER will accelerate its go-to-market activities, expanding into connected devices and IoT services. This illustrates how data-driven enterprises and public institutions are turning to advanced cryptographic solutions that can process data while it remains encrypted – enabling algorithms to learn and react to personal or confidential information without transferring or seeing it.

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Jordan Brandt, CEO of INPHER said: “AI will drive tremendous societal and personal benefits, but this should not come at the cost of our individual liberties”

“We are excited to support INPHER as they continue to pioneer Secret Computing®, further improving consumer and client confidence in data privacy and security controls” said Paul Bernard, Director of the Amazon Alexa Fund.

Read full article…     ¦    Go to Amazon Alexa Fund    ¦    Learn more about INPHER Secret Computing®