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InfoSum's mission is to provide a decentralized platform designed to remove the trust barriers between progress and privacy.
Data protection and data privacy currently represent some of the main concerns of businesses of all sizes today due to the costly consequences of data breaches. InfoSum aims to alleviate security concerns by building a decentralized solution that allows secure data sharing between organizations.
The innovation of InfoSum comes from the fact that they have created a decentralized method based on patented technology through which companies can share their data with other companies without passing it on to each other. The technology connects customer records between organisations, without moving or sharing data, thus InfoSum's solution is compliant with all current privacy laws.
InfoSum wants to capitalize on the opportunity provided by the expected high demand for privacy-focused tools and software in the following period. In line with this vision, they raised $65 million in 2021, as part of a Series B funding round, which is being invested into international expansion, in developing its decentralized platform, and in hiring new talent across all divisions. The company counts AT&T, Disney, Omnicom, and Merkle among its clients.
Kirsty
Company Specialist at Welcome to the Jungle
Aug 2021
$65m
SERIES B
Sep 2020
$15.1m
SERIES A
This company has top investors
Brian Lesser
(CEO, not founder)Currently Board Director at Ogury. Previously Advertisiing and Analytics CEO at Xandr, part of AT&T. Previously North American CEO of GroupM and Board Director at AppNexus.