Duality, a startup founded by groundbreaking cryptographers and data scientists that is building tools to make it easier for companies to share data and collaborate with each other without compromising sensitive information, has raised some funding on the back of some significant early deals, including a contract with the U.S. Department of Defense.

The startup, whose technology enables secure information sharing, recently won a $14.5 million contract with the U.S. Department of Defense’s DARPA

Privacy-enhancing data science platform Duality Technologies today announced that it raised $30 million in a series B round, bringing its total raised to $49 million to date. LG Technology Ventures led the funding with participation from Euclidean Capital, Intel Capital, Hearst Ventures, Team8, and the National Bank of Canada’s corporate venture capital arm, NAventures, which Duality says will be used to expand its go-to-market operations and advance its partnerships with technology vendors.

Episode #1: Information Sharing - In this episode, Paul speaks with Alon Kaufman and Jim Richards about the state of AML, and is it a failed policy experiment as a recent Economist article proffered? One path forward is tied to players sharing and acting on information more boldly with the help of technology.