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TripleBlind secures $24M for a new approach to enterprise-level, privacy-preserving data sharing

By: Ingrid Lunden

Organizations that have made the leap into using big data to drive their business are increasingly looking for better, more efficient ways to share data with others without compromising privacy and data protection laws, and that is ushering in a rush of technologists building a number of new approaches to fill that need. In the latest development, a startup called TripleBlind — which has devised a way to encrypt data so that it can be shared without ever being decrypted or even leaving the data owner’s firewall, and keeping the whole process compliant with data protection regulations — is announcing new funding on the heels of strong demand for its technology.

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