Duality Technologies Recognized for Achievements in Privacy-Preserving Machine Learning
NEW YORK, May 17, 2022 — CB Insights today named Duality Technologies to its annual AI 100 ranking, showcasing the 100 most promising private artificial intelligence companies in the world.
“This is the sixth year that CB Insights has recognized the most promising private artificial intelligence companies with the AI 100. This year’s cohort spans 13 industries, working on everything from recycling plastic waste to improving hearing aids,” said Brian Lee, SVP of CB Insights’ Intelligence Unit. “Last year’s AI 100 companies had a remarkable run, raising more than $6 billion, including 20 mega-rounds worth more than $100 million each. We’re excited to watch the companies on this year’s list continue to grow and create products and services that meaningfully impact the world around them.”
“We are honored to be listed amongst such a prestigious group of innovative companies. This is an exciting time for Duality as the need to unlock the value of sensitive data is becoming a fundamental driver in today’s data driven economy. This acknowledgement further demonstrates our leadership in bringing privacy-preserving technologies to the enterprise,” stated Dr. Alon Kaufman, chief executive officer and co-founder at Duality.
Utilizing the CB Insights platform, the research team picked 100 private market vendors from a pool of over 7,000 companies, including applicants and nominees. They were chosen based on factors including R&D activity, proprietary Mosaic scores, market potential, business relationships, investor profile, news sentiment analysis, competitive landscape, team strength, and tech novelty. The research team also reviewed thousands of Analyst Briefings submitted by applicants.
Duality is transforming the way companies collaborate on sensitive data, enabling a whole new world of business innovation and privacy preserving data sharing using privacy enhancing technologies (PETs). The Duality platform enables multiple parties to securely compute on sensitive data while preserving privacy, confidentiality, and regulatory compliance. Using multiple privacy enhancing technologies, the platform enables secure querying, AI model training and tuning, and statistical analysis on encrypted data while it is still encrypted; all highly regulated industries benefit. Dozens of industry leaders have chosen Duality to maximize the value of their data, including DARPA, NTT Data, Intel, IBM, Oracle, and more.
Quick facts on the 2022 AI 100:
- Equity funding and deals: Since 2017, the 2022 AI 100 cohort has raised $12 billion+ from 650 investors, across 300+ equity deals.
- Unicorns: There are 16 companies with $1 billion+ valuations on the list.
- Geographic distributions: Seventy-three of the selected companies are headquartered in the US. Eight of the winners are based in the UK, followed by five in Canada. Other countries represented in this year’s list include India, Sweden, China, and Germany.
About CB Insights
CB Insights builds software that enables the world’s best companies to discover, understand, and make technology decisions with confidence. By marrying data, expert insights, and work management tools, clients manage their end-to-end technology decision-making process on CB Insights. To learn more, please visit www.cbinsights.com.
Duality is the leader in privacy enhanced secure data collaboration, empowering organizations worldwide to maximize the value of their data without compromising on privacy or regulatory compliance. Founded and led by world-renowned cryptographers and data scientists, Duality operationalizes privacy enhancing technologies (PETs) to accelerate data insights by enabling analysis and AI on encrypted data, while preserving data privacy, compliance and protecting valuable IP. A Gartner Cool Vendor, Duality was recently named a Tech Pioneer 2021 by the World Economic Forum (WEF) and listed on Fast Company’s 2020 Most Innovative Companies. For more information, visit dualitytech.com and follow us on LinkedIn and Twitter.
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