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Pyte secures $5M in latest funding round

Pyte secures $5M in latest funding round
Pyte secures $5M in latest funding round

Pyte, a Los Angeles, CA-based provider of data computation platforms, has raised $5M in funding.

The round, led by Myriad Venture Partners, included notable investors such as Innovation Endeavors, Liberty Mutual Strategic Ventures, and Pillar VC.

Pyte aims to use the funds to accelerate commercialization of its platform, which allows computation on encrypted data without decryption.

Led by CEO Sadegh Riazi, Pyte’s technology enables secure data utilization across cloud environments and jurisdictions, ensuring privacy compliance and protection against data breaches.

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