DataFleets

DataFleets

DataFleets helps organizations to overcome the struggle between data privacy and innovation by helping them maintain the highest data protection standards for compliance while simultaneously accelerating data science initiatives. Learn more

Launch date
Employees
Market cap
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Enterprise valuation
$68m (Public information from Feb 2021)
Palo Alto California (HQ)
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DateInvestorsAmountRound
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N/A

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$4.5m

Seed

$68.0m

Valuation: $68.0m

Acquisition
Total Funding$4.5m

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DataFleets operates in the data privacy and machine learning sector, offering a federated machine learning platform that allows businesses to analyze data securely across different units and borders without moving or aggregating the data. This technology is particularly beneficial for enterprises undergoing cloud migrations, as it supports seamless data science operations across hybrid and multi-cloud environments. DataFleets serves a diverse range of clients, including large enterprises and organizations that handle sensitive data such as Personally Identifiable Information (PII), Payment Card Information (PCI), and Protected Health Information (PHI). The company's business model revolves around providing a subscription-based service, where clients pay for access to the platform and its features, including advanced privacy controls, data classification tools, and synthetic data generation. By ensuring that no raw data moves and only summary statistics and representative synthetic data are used, DataFleets helps organizations comply with stringent data privacy regulations while still gaining valuable insights from their data. The company is headquartered in Silicon Valley and promotes a remote work culture, emphasizing diversity, wellness, and continuous upskilling for its employees.

Keywords: federated learning, data privacy, machine learning, cloud migration, hybrid cloud, multi-cloud analytics, synthetic data, data classification, privacy controls, Silicon Valley.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.