Security News > 2020 > February > Encryption Firm With NSA Roots Raises $10 Million
Enveil, a Fulton, Maryland-based data security company, today announced that it has secured $10 million in Series A funding.
Founded in 2016, Enveil launched ZeroReveal in July 2018, its commercial homomorphic encryption product that helps protect data while it's being used or processed.
Enveil's CEO and founder, Ellison Anne Williams, worked on the project within the NSA as a senior researcher for 12 years.
"From a technology standpoint, it means that we can take a search or analytic that folks will want to perform over data, and we can encrypt that, and then we can run that encrypted search over massive amounts of data anywhere, without ever decrypting anything. We never decrypt the search itself, and if the underlying data also happens to be encrypted, we don't have to decrypt that either. We accomplish this through the ZeroReveal Compute Fabric where we can encrypt the search, send that out to the data location, and that can be processed there without ever being decrypted."
"Enveil is stepping up to solve a fundamental security challenge: preserving privacy while ensuring that data remains usable," said Zulfe Ali, Managing Partner at C5 Capital.