Duality Technologies, a US-based privacy technology provider, has raised $16m in its series A round from a consortium led by Intel Capital with the participation of Hearst Ventures and Team8, a venture firm backed by Cisco, Microsoft, AT&T, Walmart, Airbus, Softbank, Accenture, Qualcomm, Moody’s, Munich-Re, Dimension Data, Nokia and Scotiabank.
In June 2018, Intel and Duality set up an effort to explore the security challenges of artificial intelligence (AI) workloads using homomorphic encryption – the ability to perform mathematical operations on data that have been…