Pyte Announces $5M in Funding To Advance Private and Secure Data Utilization and Collaboration For Every Enterprise
Summary
The latest funding will accelerate the commercialization of Pytes secure computation platform for data utilization and collaborationLOS ANGELES, June 12, 2024 /PRNewswire/ -- Pyte, the secure computation platform for data-first global enterprises, today announced $5 million in additional capital, bolstering its total funding to more than $12 million. "Mai will also join Pytes Board of Directors, bringing deep experience in software and global operations, having led technology, investment and product incubation for multinationals and startups. Pyte achieved SOC 2 compliance for its platform, underscoring its robust data controls related to security, availability, processing integrity, confidentiality and privacy. Investing in visionary AI, clean technology, and B2B software leaders, Myriad brings decades of expertise and a robust corporate and financial partnership network. By connecting entrepreneurs, corporate partners, industry leaders, and co-investors, Myriad is changing the ways businesses operate, compete, and create value.