Thursday, October 7, 2021

Gretel.ai Snags $50M For Privacy Efforts

San Diego-based Gretel.ai, a startup which is developing privacy technology, has raised $50M in a Series B funding, the company said today. The funding was led by Anthos Capital, and also included Section 32, Greylock, and Moonshots Capital. According to the company, it has now raised $65.5M. Gretel.ai is led by CEO Ali Golshan. Gretel.ai's privacy technology helps generate synthetic data, which preserves privacy, but can help provide data sets for training machine learning and AI models. The company says its software provides that data without containing sensitive or personally identifiable information.