Duality Technologies

Headquarters

Hoboken, NJ

Founded

2016

Employees

48

Total funding

~$50M

Stage

Series B

Status

active

Domains

Homomorphic encryption, Privacy-preserving computation, Secure data collaboration

Website

dualitytech.com

• FounderAlon KaufmanCo-founder and CEO of Duality Technologies, a homomorphic-encryption and privacy-preserving-computation company.
• FounderShafi GoldwasserCo-founder and Chief Scientist of Duality Technologies; Turing Award-winning cryptographer and MIT/Berkeley professor, credited as a creator of modern homomorphic encryption theory.
• FounderVinod VaikuntanathanCo-founder and Chief Cryptographer of Duality Technologies; MIT professor specializing in lattice-based and homomorphic cryptography.
• FounderKurt RohloffCo-founder and CTO of Duality Technologies, leading development of its homomorphic-encryption software stack.
• FounderRina ShainskiCo-founder and Chairwoman of Duality Technologies.

• FundIntel CapitalIntel's corporate venture-capital arm; led Duality Technologies' $16M Series A in Oct 2019.
• FundHearst VenturesHearst Communications' venture-capital arm; participated in Duality Technologies' $16M Series A.
• FundTeam8Tel Aviv-based venture-creation firm founded by ex-Unit 8200 commander Nadav Zafrir; led Duality Technologies' 2018 seed round and participated in its Series A.
• FundLG Technology VenturesLG Corp's corporate venture-capital arm; led Duality Technologies' $30M Series B in Oct 2021.

Approximate ownership by holder. Indexed holders link to their records.

• ContractDARPA DPRIVE — TREBUCHETDARPA contract to Duality Technologies (with USC-ISI, NYU, Carnegie Mellon, Drexel, SpiralGen, and TwoSix Labs) to develop TREBUCHET, an ASIC accelerator for fully homomorphic encryption, built on the open-source PALISADE library, under the DPRIVE program.

• ProgramDPRIVE (Data Protection in Virtual Environments)DARPA program to cut fully-homomorphic-encryption compute time from weeks to seconds/milliseconds via a dedicated hardware accelerator. Four teams selected (led by Duality, Galois, SRI International, and Intel Federal); awards ranged $11.5-15M across a multi-phase structure (Phase 1: algorithm/code, Phase 2: chip design/prototype).

What does Duality Technologies do?

Duality Technologies, founded in 2016 and based in Hoboken, NJ, builds privacy-enhanced data-collaboration software built on homomorphic encryption, co-founded by cryptography researchers including Prof. Shafi Goldwasser and Prof. Vinod Vaikuntanathan alongside Dr. Alon Kaufman, Rina Shainski, and Prof. Kurt Rohloff. The company has raised roughly $50M in equity, including a $16M Series A (Oct 2019) and a $30M Series B (Oct 2021, led by LG Technology Ventures). Separately, Duality holds a $14.5M DARPA contract under the DPRIVE program (announced Feb 2021) to produce a privacy-preserving computation ASIC (TREBUCHET) alongside partners USC-ISI, NYU, CMU, SpiralGen, Drexel, and TwoSix Labs.

Where is Duality Technologies headquartered?

Duality Technologies is headquartered in Hoboken, NJ and was founded in 2016.

How much funding has Duality Technologies raised?

Duality Technologies has raised ~$50M in disclosed funding.

What does Duality Technologies specialize in?

Duality Technologies works across Homomorphic encryption, Privacy-preserving computation, Secure data collaboration.

Does Duality Technologies hold government contracts?

Defense Tech Atlas links Duality Technologies to 1 government contract and 1 program.

Each claim links to its underlying source. Confidence reflects how directly the source supports the claim.