Tech Company Financing Transactions
Rhino Health Funding Round
On 10/31/2024, Rhino Health secured funding from Telus Ventures.
Transaction Overview
Company Name
Announced On
10/31/2024
Transaction Type
Venture Equity
Amount
Unknown
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to continue designing solutions by leveraging federated learning and edge computing -- technologies that both enable secure, decentralized data processing and AI model training.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
22 Boston Wharf Rd
Boston, MA 02210
USA
Boston, MA 02210
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Artificial intelligence (AI) is transforming healthcare & life sciences. To develop AI tools for early disease detection, personalized medicine, and even robotic surgery, innovators need access to high-quality, diverse data. However, despite the massive amount of data generated in healthcare, over 90% remains unused. This is because data is often trapped in siloed systems, with different data models, and lacks privacy safeguards for AI use. Federation offers the solution. This approach allows AI models to analyze data across different systems without physically moving the data, protecting patient privacy while unlocking the power of information.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ittai Dayan
Chief Operating Officer
Chris Laws
Chief Technical Officer
Yuval Baror
VP - Customer Service
Adrish Sannyasi
VP - Product Management
Antoni Vendrell
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We do our best to record all VC transactions involving tech companies. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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