USEncryption provides a privacy-enhancing technology that enables collaborative computing and machine learning on encrypted data across sectors such as finance and healthcare. This solution allows organizations to extract insights from confidential data while ensuring it remains secure during storage, transmission, and processing.
Funding
$500K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Organizations across sectors like finance and healthcare struggle to extract valuable insights from sensitive data due to privacy and security concerns. Traditional methods of data analysis often require decryption, creating vulnerabilities during storage, transmission, and processing. This limits collaboration and the application of advanced techniques like machine learning on confidential datasets.
Solution
USEncryption provides a privacy-enhancing technology called Encrypted Operator Computing (EOC) that enables collaborative computing and machine learning directly on encrypted data. This allows organizations to unlock the value of their data while ensuring it remains secure at rest, in transit, and in use. The technology facilitates collaborative computing, even between competitors, and supports both training and inference of machine learning models on encrypted datasets. USEncryption's solution allows for data sharing and collaboration through their USExchange platform, all while maintaining data privacy and security.
Target Audience
USEncryption targets organizations in finance, healthcare, AI, data science, and advertising that require secure and private data analysis and collaboration.
Features
- Encrypted Operator Computing (EOC) for secure data processing.
- Collaborative computing capabilities for secure data sharing between organizations.
- Machine learning training and inference on encrypted data.
- Encryption at rest, in transit, and in use.
- USExchange platform for secure data collaboration.