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This Israeli startup creates synthetic data to protect user privacy
Israeli startup Datomize develops synthetic data to give financial institutions access to user data, without jeopardizing their privacy. Oshry Alkeslasi / 4 Feb 2021 • 2 min read
Datomize, an Israeli startup developing a synthetic data platform for financial institutions, secured a $6 million Seed round. The investment was led by TPY Capital, with F2 Venture Capital also participating.
Who are you synthetic data?
Datomize synthesizes new data that preserves the behavioral features of the original data without violating personal privacy regulations. Designed based on real customer data and insights from global banks, Datomize is uniquely able to process highly complex data structures with multiple dependencies and is fully scalable to process thousands of tables with mil
Datomize Secures $6 Million Seed Round Funding for Enterprise Grade Synthetic Data Solution
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TEL AVIV, Israel, Feb. 3, 2021 /PRNewswire/ Today, Datomize announced the completion of its $6 million seed funding round for the commercialization of its synthetic data solution that accelerates time to market for artificial intelligence (AI)/machine learning (ML) models and new products that drive business growth. This funding round was led by TPY Capital, as part of its thematic focus on groundbreaking data and analytics startups, with participation from its first investor F2 Venture Capital, which backs visionary big data and AI companies.