Enveil Raises $25M in Series B Funding

enveil

Enveil, a Washington, DC-based Privacy Enhancing Technology company, raised $25M in Series B funding.

The round, which brings the total amount raised to date to more than $40m since its formation in 2016. was led by USAA with participation form Mastercard, Capital One Ventures, C5 Capital, DataTribe, In-Q-Tel, Cyber Mentor Fund, Bloomberg Beta, GC&H, and 1843 Capital.

The company intends to use the funds to expand sales, product development, and marketing activity.

Led by CEO Ellison Anne Williams, Enveil is a Privacy Enhancing Technology company protecting Data in Use. Its ZeroRevealĀ solutions for secure data usage, collaboration, and monetization protect data while it’s being used or processed. Customers can extract insights, cross-match, search, and analyze data assets at scale without revealing the content of the search itself, compromising the security or ownership of the underlying data, or exposing their interests and intent.

FinSMEs

28/04/2022