Anjuna Secures $25 Million Series B2

<p><strong>PALO ALTO<&sol;strong> &&num;8212&semi; Anjuna&comma; creator of Anjuna Seaglass&comma; the Universal Confidential Computing Platform&comma; has closed a &dollar;25 million Series B2 financing round to propel and expand its AI-enabling enterprise offerings&period; The round was led by M Ventures&comma; the corporate VC of Merck KGaA&comma; Darmstadt&comma; Germany&comma; SineWave Ventures&comma; and AI Capital Partners &lpar;Alpha Intelligence Capital’s U&period;S&period;-based fund&rpar;&comma; with participation from existing investors Founder Collective&comma; Insight Partners&comma; Playground Global&comma; and Uncorrelated&period; Additionally&comma; M Ventures’ Ilja Aizenberg and SineWave’s Patricia Muoio are joining the company’s board of directors&period;<&sol;p>&NewLine;<p>Confidential Computing is a novel category of hardware-enabled infrastructure security&period; However&comma; its heterogeneous nature has historically made it complex to implement&period; The transition to Universal Confidential Computing unlocked by Anjuna Seaglass&comma; a software platform that virtualizes this new class of processors&comma; makes Trusted Execution Environments accessible in minutes&comma; regardless of cloud service provider&comma; infrastructure and applications&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;We are delighted to partner with Anjuna&comma; the leader in Confidential Computing&period; Anjuna Seaglass provides a multi-cloud platform for secure AI-driven collaboration&comma; which is critical in enabling industries such as healthcare and semiconductors to fully exploit their data&&num;8217&semi;s massive potential&period; This partnership underscores our commitment to secure collaboration between multiple parties using highly sensitive or regulated data&comma;” said Ilja Aizenberg from M Ventures&period;<&sol;p>&NewLine;<p>Building on strong customer and partnership momentum&comma; Anjuna reports substantial growth in revenue and customer acquisition&comma; with its bookings and customer base more than doubling year over year&period;<&sol;p>&NewLine;<p>The latest funding round will help Anjuna expand its AI-enabling enterprise offerings&comma; highlighted by the launch of Anjuna Seaglass™ AI Clean Rooms&comma; now available in private preview&period; By uniquely leveraging Confidential Computing to establish secure data-sharing environments&comma; it is poised to propel enterprise multi-party collaboration in AI and other mission-critical use cases&period;<&sol;p>&NewLine;<p>A member of NVIDIA Inception&comma; a program for cutting-edge startups&comma; Anjuna is collaborating with NVIDIA to help advance GPU-accelerated confidential AI for enterprises&period; By using Anjuna Seaglass on NVIDIA H100 Tensor Core GPUs with Confidential Computing capabilities&comma; organizations are equipped to accelerate the deployment of high-performing large language models &lpar;LLMs&rpar; without compromising trust&comma; security&comma; and privacy&period;<&sol;p>&NewLine;<p>Leveraging Anjuna Seaglass with NVIDIA LaunchPad&comma; the U&period;S&period; Navy successfully tested Llama3 LLM models on confidential NVIDIA H100 Tensor Core GPUs&period; The seamless integration enabled the U&period;S&period; Navy to create and deploy confidential environments in less than one hour&comma; while obtaining high-speed processing with maximum performance&period;<&sol;p>&NewLine;

Editor

Nirvana Lands $100 Million Series D

SAN FRANCISCO -- Nirvana Insurance, an AI-native commercial insurer, has secured a preemptive $100 million…

5 days

Kargo Scores $42 Million Series B

SAN FRANCISCO -- Kargo, a provider of industrial artificial intelligence (AI) technology for supply chain…

5 days

Instacart to Pay $60 Million to Settle FTC Lawsuit

The Federal Trade Commission announced that grocery delivery provider Instacart will pay $60 million in…

5 days

ServiceNow to Buy Armis for $7.75 Billion

SANTA CLARA -- ServiceNow has agreed to buy Armis for $7.75 billion in cash. Armis…

5 days

Six Companies Added to Nasdaq 100

The Nasdaq stock market has reformulated the list of 100 companies in the Nasdaq-100 Index…

1 week

NVIDIA Acquires SchedMD

NVIDIA says it has acquired SchedMD — the leading developer of Slurm, an open-source workload…

1 week