Anjuna Secures $25 Million Series B2

PALO ALTO &&num;8212&semi; Anjuna, creator of Anjuna Seaglass, the Universal Confidential Computing Platform, 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, the corporate VC of Merck KGaA, Darmstadt, Germany, SineWave Ventures, and AI Capital Partners (Alpha Intelligence Capital’s U&period;S&period;-based fund), with participation from existing investors Founder Collective, Insight Partners, Playground Global, and Uncorrelated&period; Additionally, M Ventures’ Ilja Aizenberg and SineWave’s Patricia Muoio are joining the company’s board of directors&period;&NewLine;Confidential Computing is a novel category of hardware-enabled infrastructure security&period; However, its heterogeneous nature has historically made it complex to implement&period; The transition to Universal Confidential Computing unlocked by Anjuna Seaglass, a software platform that virtualizes this new class of processors, makes Trusted Execution Environments accessible in minutes, regardless of cloud service provider, infrastructure and applications&period;&NewLine;&OpenCurlyDoubleQuote;We are delighted to partner with Anjuna, the leader in Confidential Computing&period; Anjuna Seaglass provides a multi-cloud platform for secure AI-driven collaboration, 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,” said Ilja Aizenberg from M Ventures&period;&NewLine;Building on strong customer and partnership momentum, Anjuna reports substantial growth in revenue and customer acquisition, with its bookings and customer base more than doubling year over year&period;&NewLine;The latest funding round will help Anjuna expand its AI-enabling enterprise offerings, highlighted by the launch of Anjuna Seaglass™ AI Clean Rooms, now available in private preview&period; By uniquely leveraging Confidential Computing to establish secure data-sharing environments, it is poised to propel enterprise multi-party collaboration in AI and other mission-critical use cases&period;&NewLine;A member of NVIDIA Inception, a program for cutting-edge startups, 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, organizations are equipped to accelerate the deployment of high-performing large language models (LLMs) without compromising trust, security, and privacy&period;&NewLine;Leveraging Anjuna Seaglass with NVIDIA LaunchPad, 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, while obtaining high-speed processing with maximum performance&period;&NewLine;

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