#Enterprise Security #Confidential AI #OPAQUE

OPAQUE Secures Series B Funding for Confidential AI Growth

OPAQUE, a company pioneering the field of Confidential AI, has recently announced a successful funding round, raising $24 million in Series B financing. This funding was led by Walden Catalyst and included contributions from significant investors such as Intel Capital, Race Capital, Storm Ventures, and Thomvest, alongside new strategic partner Advanced Technology Research Council (ATRC). With this latest funding, OPAQUE's total funding has reached an impressive $55.5 million, and the company's valuation stands at about $300 million post-money.

The Importance of Confidential AI

Confidential AI is quickly becoming a pivotal element for numerous industries, helping organizations secure sensitive information while leveraging artificial intelligence technologies. Major players in the tech sector, including NVIDIA, AMD, and Google Cloud, have started adopting and endorsing Confidential AI practices, highlighting its importance in safeguarding GenAI workflows. According to Gartner, the use of Confidential AI techniques is becoming essential for any enterprise that utilizes AI models and wants to maintain the security and integrity of the data involved in their operations.

Despite the significant interest in deploying AI to enhance productivity and achieve competitive advantages, many companies face obstacles due to concerns over data leaks and compliance issues. The perceived