Anjuna: Universal Confidential Computing Platform Company Raises $25 Million (Series B2)

By Amit Chowdhry • Aug 15, 2024

Anjuna – which is the creator of Anjuna Seaglass (a Universal Confidential Computing Platform) announced that it has closed a $25 million Series B2 financing round to propel and expand its AI-enabling enterprise offerings. The round was led by M Ventures, the corporate VC of Merck KGaA, Darmstadt, Germany, SineWave Ventures, and AI Capital Partners (Alpha Intelligence Capital’s U.S.-based fund), with participation from existing investors Founder Collective, Insight Partners, Playground Global, and Uncorrelated.

In connection with the funding round, M Ventures’ Ilja Aizenberg and SineWave’s Patricia Muoio are joining the company’s board of directors.

Confidential Computing is a novel category of hardware-enabled infrastructure security. But its heterogeneous nature has historically made it complex to implement. The transition to Universal Confidential Computing unlocked by Anjuna Seaglass, a software platform that virtualizes this new class of processors, makes Trusted Execution Environments accessible in minutes, regardless of cloud service provider, infrastructure and applications.

Building on strong momentum, Anjuna has grown substantially in revenue and customer acquisition, with its bookings and customer base increasing yearly.

This latest funding round will help Anjuna expand its AI-enabling enterprise offerings, highlighted by the launch of Anjuna Seaglass AI Clean Rooms, now available in private preview. The company is poised to propel enterprise multi-party collaboration in AI and other mission-critical use cases by leveraging Confidential Computing to establish secure data-sharing environments.

The company is a member of NVIDIA Inception, a program for cutting-edge startups. And Anjuna is collaborating with NVIDIA to help advance GPU-accelerated confidential AI for enterprises.

Organizations can utilize Anjuna Seaglass on NVIDIA H100 Tensor Core GPUs with Confidential Computing capabilities to accelerate the deployment of high-performing large language models (LLMs) without compromising trust, security, and privacy.

Leveraging Anjuna Seaglass with NVIDIA LaunchPad, the U.S. Navy tested Llama3 LLM models on confidential NVIDIA H100 Tensor Core GPUs. The seamless integration enabled the U.S. Navy to create and deploy confidential environments in less than one hour, obtaining high-speed processing with maximum performance.

KEY QUOTES:

“We are delighted to partner with Anjuna, the leader in Confidential Computing. Anjuna Seaglass provides a multi-cloud platform for secure AI-driven collaboration, which is critical in enabling industries such as healthcare and semiconductors to fully exploit their data’s massive potential. This partnership underscores our commitment to secure collaboration between multiple parties using highly sensitive or regulated data.”

  • Ilja Aizenberg from M Ventures

“We believe in democratizing secure computing, data privacy, and trustworthy AI. With NVIDIA accelerated computing and our flexible Seaglass platform, Anjuna is poised to deliver universal access to Confidential Computing for businesses worldwide.”

  • Ayal Yogev, CEO & Co-founder of Anjuna Security