Company
Date Published
Author
Alon Kaufman
Word count
552
Language
English
Hacker News points
None

Summary

As 2020 approached, the Duality team reflected on the past year, highlighting the increased prioritization of data privacy due to regulations like GDPR and the emergence of privacy-preserving data science solutions. In 2019, Duality gained significant market traction and recognition, being a finalist at the RSAC Innovation Sandbox and named a 'Cool Vendor' by Gartner, which introduced a new category for privacy-preserving analytics. They secured $16 million in Series A funding, led by Intel Capital, underscoring the growing interest in privacy technologies. Looking ahead to 2020, Duality predicted advances in privacy-enhancing technologies, such as homomorphic encryption, would facilitate safer data collaborations without compromising privacy, particularly in cybersecurity, financial services, and healthcare. They anticipated regulatory support for these technologies, enabling safer collective analytics and facial recognition practices. Duality expressed optimism about continuing to drive a privacy-protected data economy with its platform, and foresaw ongoing discussions about data privacy in various arenas.