Tech Company Financing Transactions
Rhino Federated Computing Funding Round
Rhino Federated Computing, operating out of Rye, secured $15 million in investment from AlleyCorp, Arkin Digital Health and Fusion Fund.
Transaction Overview
Company Name
Announced On
5/22/2025
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to scale its capabilities across more customers and regulated sectors, bringing to market an enterprise-grade solution for organizations looking to collaborate with data at scale.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
411 Theodore Fremd Ave 206 S
Rye, NY 10580
USA
Rye, NY 10580
USA
Phone
Website
Email Address
Overview
Rhino Federated Computing was founded with the vision of transforming how organizations collaborate with data. Rhino's roots are in healthcare, where data are fragmented, heterogenous, and sensitive. This combination has historically made collaboration difficult, and has stunted the ability to improve health outcomes through data. Rhino is now changing that paradigm with Federated Computing.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ittai Dayan
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