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RSAC ISBISB 2017Active

EnVeil

Data Security

Homomorphic encryption and encrypted search — compute on encrypted data without decryption.

Founded
2016
ISB Year
2017
Raised
$43M

Funding & Investors

Total Funding

$43M

Rounds

Seed/Strategic ($5M+), Series A ($10M, 2020), Series B ($25M, 2022)

Key Investors
C5 CapitalUSAAMastercardIn-Q-TelBloomberg Beta

Lesson Learned

Homomorphic encryption remains promising but performance overhead limits real-world use. Lesson: cryptographic breakthroughs need practical performance to reach adoption.