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Privacy tech firm Silence Laboratories raises $4.1 million in funding round  

ThehindubusinesslineThehindubusinessline · 8m
Privacy tech firm Silence Laboratories raises $4.1 million in funding round  

Silence Laboratories, a privacy tech company, has raised $4.1 million in funding led by Pi Ventures and Kira Studio. The funding will help accelerate the company's goal of transforming privacy-preserving authorization and collaborative computation. Silence Laboratories aims to decentralize digital economies by eliminating single points of failure and exposure, using privacy-enhancing technologies like multi-party computation. The company has developed software based on learnings from economics, blockchains, cryptography, and fintech to create privacy-focused solutions. Their products include Silent Shard, a decentralized authorization library, and Silent Compute, which enables privacy-preserving collaboration among institutions.

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