Kansas City-based TripleBlind Inc. has raised a $24 million Series A round led by the Mayo Clinic and venture capital firm General Catalyst, reports The Business Journals.
Two area investors participated in the oversubscribed raise — Flyover Capital and KCRise Fund — as well as AVG Basecamp Fund, Accenture Ventures, Clocktower Technology Ventures, Dolby Family Ventures, NextGen Venture Partners and Wavemaker Three-Sixty Health. The raise comes on the heels of TripleBlind’s $8.2 million seed round announced in March.
For TripleBlind, the round signifies the rising interest in its technology from a variety of industries. Its technology allows enterprises to securely share regulated and private data, without decrypting it or introducing additional risk and liabilities. Read more.
