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Anjuna Raises $25 Million Funding to Fuel Momentum and Expand Confidential Computing Offerings for AI

Anjuna Raises $25 Million Funding to Fuel Momentum and Expand Confidential Computing Offerings for AI

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Company to pioneer confidential AI for U.S. Navy with NVIDIA technology integration

Anjuna, creator of Anjuna Seaglass, the Universal Confidential Computing Platform, today announced that it has closed a $25 million Series B2 financing round to propel and expand its AI-enabling enterprise offerings. The round was led byย M Ventures, the corporate VC of Merck KGaA, Darmstadt, Germany,ย SineWave Ventures, andย AI Capital Partnersย (Alpha Intelligence Capitalโ€™s U.S.-based fund), with participation from existing investorsย Founder Collective,ย Insight Partners,ย Playground Global, andย Uncorrelated. Additionally, M Venturesโ€™ Ilja Aizenberg and SineWaveโ€™s Patricia Muoio are joining the companyโ€™s board of directors.

Also Read:ย The Data Dilemma in the Era of AI

Confidential Computingย is a novel category of hardware-enabled infrastructure security. However, its heterogeneous nature has historically made it complex to implement. The transition toย Universal Confidential Computing unlocked by Anjuna Seaglass, a software platform that virtualizes this new class of processors, makes Trusted Execution Environments accessible in minutes, regardless of cloud service provider, infrastructure and applications.

โ€œWe are delighted to partner with Anjuna, the leader in Confidential Computing. Anjuna Seaglass provides a multi-cloud platform for secure AI-driven collaboration, which is critical in enabling industries such as healthcare and semiconductors to fully exploit their data’s massive potential. This partnership underscores our commitment to secure collaboration between multiple parties using highly sensitive or regulated data,โ€ said Ilja Aizenberg from M Ventures.

Fueling Accelerated Growth and Innovation
Building on strong customer and partnership momentum, Anjuna has achieved substantial growth in revenue and customer acquisition, with its bookings and customer base more than doubling year over year.

The latest funding round will help Anjuna expand its AI-enabling enterprise offerings, highlighted by the launch ofย Anjuna Seaglassโ„ข AI Clean Rooms, now available in private preview. By uniquely leveraging Confidential Computing to establish secure data-sharing environments, it is poised to propel enterprise multi-party collaboration in AI and other mission-critical use cases.

Shaping Trustworthy AI for U.S. Navy with NVIDIA Collaboration
A member ofย NVIDIA Inception, a program for cutting-edge startups, Anjuna is collaborating withย NVIDIAย to help advance GPU-accelerated confidential AI for enterprises. By using Anjuna Seaglass onย NVIDIA H100 Tensor Core GPUsย with Confidential Computing capabilities, organizations are equipped to accelerate the deployment of high-performing large language models (LLMs) without compromising trust, security, and privacy.

Also Read:ย The Top Five Must-Haves for Picking an AI Security Solution

Leveraging Anjuna Seaglass withย NVIDIA LaunchPad, theย U.S. Navyย successfully tested Llama3 LLM models on confidential NVIDIA H100 Tensor Core GPUs. The seamless integration enabled the U.S. Navy to create andย deploy confidential environments in less than one hour, while obtainingย high-speed processing with maximum performance.

โ€œWe believe in democratizing secure computing, data privacy, and trustworthy AI,โ€ affirmed Ayal Yogev, CEO & Co-founder of Anjuna Security. โ€œWith NVIDIA accelerated computing and our flexible Seaglass platform, Anjuna is poised to deliver universal access to Confidential Computing for businesses worldwide.โ€

Also Read:ย CIO Influence Interview with Kelly Ahuja, CEO, Versa Networks

[To share your insights with us as part of editorial or sponsored content, please write toย psen@itechseries.com]

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