Tech Company Financing Transactions
Tune Insight Funding Round
Tune Insight closed a $3.4 million funding round on 9/28/2023. Backers included 14Peaks Capital, Debiopharm Innovation Fund and Inflection VC.
Transaction Overview
Company Name
Announced On
9/28/2023
Transaction Type
Venture Equity
Amount
$3,400,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to strengthen its position for confidential collaborative analytics and machine learning in healthcare, financial services and cybersecurity, strengthen sales and marketing teams, and accelerate international expansion in Europe and the US.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
Tune Insight SA EPFL Innovation Park Bâtiment C
Lausanne, 1015
CH
Lausanne, 1015
CH
Phone
Undisclosed
Website
Email Address
Overview
Tune Insight is a startup born at the EPFL Laboratory for Data Security in Lausanne, Switzerland. Tune Insight co-founders invented Multiparty Homomorphic Encryption (MHE) which combines the best of Homomorphic Encryption (HE) and Secure Multiparty Computation (MPC). While MHE was developed to address a specific request from hospitals that wanted to collaborate on their most sensitive patient data, it quickly became obvious that many other industries, from financial services to cybersecurity, to any company making data-driven decisions, could benefit from this solution. Thus was born Tune Insight.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Juan Pastoriza
Co-Founder
Romain Bouyé
Co-Founder
Jean Hubaux
Co-Founder
Frederic Pont
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