Apheris, participant of the IT Security Pitch 2019 in Bochum, earns seed funding from top-tier investors to enable enterprises to collaborate and analyse data securely without compromising privacy.
The Berlin-based deep tech company Apheris has raised €2.5 million to enable corporate enterprises to collaborate and analyse data without compromising privacy. UK-based seed investor LocalGlobe led the investment round with Dig Ventures, the family office of MuleSoft Founder, Ross Mason, and Patrick Pichette, former CFO of Google and current board chairman for Twitter. Additional investors include another.vc, System.One, and angel investors Charles Songhurst, NaturalMotion founder Torsten Reil, and Songkick founder Ian Hogarth.
Apheris makes secure and private data collaboration and analysis possible. Too often critical data is locked away in silos, unusable or unshareable due to privacy, compliance, legal or security concerns. Due to the many complexities in sharing data, companies are often limited by working with their own narrow datasets, preventing valuable insights and new solutions.
“What this year has crystallised is that the world’s largest problems – from fighting pandemics and disease spread to developing life-saving drugs and reducing climate change – require collaborative efforts to solve. Access to the right data should not be the limiting factor to finding solutions and accelerating R&D and innovation. Apheris is the solution to enabling new ways to solve the complex problems of our time without sacrificing privacy or security.”Robin Röhm, CEO und Mitgründer von Apheris
Apheris’s approach to secure data collaboration has never been more timely and important. Some COVID-19 contact tracking and tracing efforts have come at the risk of neglecting privacy. In response, Apheris has shared its expertise and technology in privacy preservation to support the COVID-19 response by developing and publishing a code library with OpenMined, the largest community for privacy-preserving open-source AI, to enable more robust ways to do contact tracing that protects people’s privacy. Apheris is also one of ten founding signers of the Open COVID Pledge with Facebook, Amazon, IBM, Intel, and Microsoft, to make intellectual property, licenses, and copyrights available for free to support the fight against COVID-19.
Apheris was founded by three-time collaborators Robin Röhm and Michael Höh in January 2019 and launched its product in September that year. Apheris has raised a total of more than €3.7m, including a StartupSecure research funding from the German Federal Ministry of Education and Research for €750,000.
Source: Official press release at apheris.com