enclaive closes €4.1M round focused on multi-cloud confidential computing
German cybersecurity firm enclaive has secured €4.1 million in seed funding to advance its confidential computing solutions. This investment addresses growing concerns around cloud security, particularly with the rise of AI and stringent data protection regulations, highlighting a crucial need for enhanced data privacy during processing stages. The funding round, co-led by Join Capital and Amadeus APEX Technology Fund with support from Auriga Cyber Ventures, will bolster enclaive's commercial growth and platform development. enclaive's technology allows organizations to deploy applications within secure enclaves, safeguarding data from unauthorized access even while in use, a critical factor for sensitive sectors like finance and healthcare. This innovation is particularly relevant as European entities increasingly seek robust security for multi-cloud environments and sensitive AI workloads. By enabling confidential computing without requiring code modifications, enclaive aims to make advanced data protection accessible, thereby fostering greater trust and adoption of cloud services across the continent and reinforcing European digital sovereignty.
Curated and translated by Europe Digital for our multilingual European audience.
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