Data privacy firm Anonos this week announced that it has raised USD 50 million in a growth funding round that brings the total investment in the company to USD 70 million.
The funding round was orchestrated by Aon and led by GT Investment Partners. Data Embassy, a software platform provided by the New York-based company, was founded in 2012 and aims to protect data in use by applying pseudonymization and other techniques to transform the data into “Variant Twins,” which represent non-identifiable but fully accurate assets.
The company claims that Variant Twins can be used anywhere inside and outside of an organization without compromising privacy and security thanks to multi-level data privacy and security controls.
Read More: Anonos Raises $50 Million for Data Privacy Platform
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