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HomeFunding CA-based Skyflow Secures $30Million in Extended Series B Round Funding

[Funding alert] CA-based Skyflow Secures $30Million in Extended Series B Round Funding

Skyflow, a data privacy vault company secures $30million in extended series B round funding. Khosla Ventures led the round, joined by prior investors Mouro Capital, Foundation Capital and Canvas Ventures.

Skyflow, a data privacy vault company secures $30million in extended series B round funding. Khosla Ventures led the round, joined by prior investors Mouro Capital, Foundation Capital and Canvas Ventures.

The investment follows revenue growth of more than 210% and quick adoption in the emerging market of sensitive data protection for Large Language Models (LLMs).

It is a data privacy vault built to radically simplify how companies isolate, protect, and govern their customers’ most sensitive data. With its global network of data privacy vaults, it is a comprehensive solution for companies looking to securely implement LLMs and meet complex data localization requirements.

Read also – CA-based Ensis Secures $4Million in Seed Funding

It supports nearly a billion records of user data for global customers like GoodRx, Lenovo, and Hippocratic AI, and processes more than two billion API calls quarterly.

Vinod Khosla, founder of Khosla Ventures said, “With the advent of enterprise applications powered by AI, the need for trust and privacy infrastructure is key to protecting sensitive data, Skyflow is rethinking how data can be managed and protected across any app, cloud or LLM, making it a company that will be vital for every enterprise business.”

Anshu Sharma, co-founder and CEO of Skyflow said, “We see an urgent need for companies to make privacy a core part of their technology stack as LLMs and AI hurdle forward, ingesting more and more personal data, Skyflow is the only solution that allows companies to build privacy by design into their technological infrastructure without overhauling anything – anywhere in the world.”

Skyflow is powered by a proprietary technology called polymorphic encryption, which is the only way of encrypting data on the market that makes it possible to protect data without sacrificing its usability for critical business operations, such as analytics, marketing, and customer support.

About Skyflow

Skyflow is a data privacy and AI privacy company built to radically simplify how companies isolate, protect, and govern their customers’ most sensitive data. With its global network of data privacy vaults, Skyflow is a comprehensive solution for companies around the world looking to securely implement LLMs and meet complex data localization requirements. Skyflow currently supports a diverse customer base that spans verticals like fintech, retail, travel, and healthcare.

Read also – Texas-based Zilliant Secures $35Million in Funding

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