Virtual Event: Threat Detection and Incident Response Summit - Watch Sessions
Connect with us

Hi, what are you looking for?

SecurityWeekSecurityWeek

Cybersecurity Funding

Anonos Raises $50 Million for Data Privacy Platform

Data privacy firm Anonos this week announced that it has raised $50 million in a growth funding round that brings the total investment in the company to $70 million. The funding round was led by GT Investment Partners and facilitated by Aon.

Data privacy firm Anonos this week announced that it has raised $50 million in a growth funding round that brings the total investment in the company to $70 million. The funding round was led by GT Investment Partners and facilitated by Aon.

Founded in 2012, the New York-based company offers Data Embassy, a software platform that aims to protect data in use by applying pseudonymization and other techniques to transform the data into ‘Variant Twins’, representing non-identifiable but fully accurate assets.

Courtesy of multi-level data privacy and security controls, the company says, Variant Twins can be used anywhere within and outside an organization without affecting privacy and security.

Anonos also claims that its solution provides organizations with control over the level of identifiable data that they process, to ensure compliance with regulations and privacy policies.

The company plans to use the investment to expand marketing, partnerships, and sales for its Data Embassy platform.

Related: OutThink Raises $10 Million for Human Risk Management Platform

Related: IronVest Emerges From Stealth Mode With $23 Million in Seed Funding

Advertisement. Scroll to continue reading.

Related: DataGrail Raises $45 Million for Data Privacy Platform

Related: Oort Raises $15 Million for Identity Threat Detection and Response Platform

Written By

Ionut Arghire is an international correspondent for SecurityWeek.

Click to comment

Daily Briefing Newsletter

Subscribe to the SecurityWeek Email Briefing to stay informed on the latest threats, trends, and technology, along with insightful columns from industry experts.

SecurityWeek’s Threat Detection and Incident Response Summit brings together security practitioners from around the world to share war stories on breaches, APT attacks and threat intelligence.

Register

Securityweek’s CISO Forum will address issues and challenges that are top of mind for today’s security leaders and what the future looks like as chief defenders of the enterprise.

Register

Expert Insights

Related Content

Application Security

Cycode, a startup that provides solutions for protecting software source code, emerged from stealth mode on Tuesday with $4.6 million in seed funding.

Artificial Intelligence

The CRYSTALS-Kyber public-key encryption and key encapsulation mechanism recommended by NIST for post-quantum cryptography has been broken using AI combined with side channel attacks.

Data Protection

The cryptopocalypse is the point at which quantum computing becomes powerful enough to use Shor’s algorithm to crack PKI encryption.

Cybersecurity Funding

SecurityWeek investigates how political/economic conditions will affect venture capital funding for cybersecurity firms during 2023.

Funding/M&A

Forty cybersecurity-related M&A deals were announced in January 2023.

Funding/M&A

Seventeen cybersecurity-related M&A deals were announced in the first half of February 2023.

Funding/M&A

More than 450 cybersecurity-related mergers and acquisitions were announced in 2022, according to an analysis conducted by SecurityWeek

Funding/M&A

Thirty-five cybersecurity-related M&A deals were announced in February 2023