CIPHERMODE LABS, INC.
LOS ANGELES, CA · Founded 2020 · CIK 0001860523 · Cybersecurity · Acquired
Secure multiparty computation platform for collaborative financial data analysis without exposing raw data
- Grants
- $256K
- 1 award
- Sector median: 0
- Raised
- $12M
- 3 Form D · Apr 2024
- 29 months since last filing
- Contracts
- —
- No federal contracts on record
- Patents
- 3
- 2 granted · 1 pending
- Sector median: 0
Capital Timeline
Federal ↑Equity ↓20202021202220232024
| Date | Event | Source | Amount |
|---|---|---|---|
| Private capital raised | Form D · SEC | $555,554 | |
| Federal grant | National Science Foundation · Phase I · SBIR Phase I: Secure and Scalable Collaboration Platform for Effective Detection of Money Laundering and Fraudulent Transactions | $256,000 | |
| Private capital raised | Form D · SEC | $6,659,986 | |
| Private capital raised | Form D · SEC | $4,599,992 |
Federal grant · SBIR/STTRForm D · SEC
Peer position
| # | Company | Contracts | Disclosed equity |
|---|---|---|---|
| 275 | Stamus Networks, Inc. | — | $11M |
| 276 | Allure Security Technology, Inc. | — | $18M |
| 277 | Andesite AI, Inc. | — | $15M |
| 278 | CIPHERMODE LABS, INC. | — | $12M |
| 279 | AUTHMIND, INC. | — | $12M |
| 280 | NetRise, Inc. | — | $19M |
| 281 | Wallarm, Inc. | — | $9.2M |
Ranked on federal contract value rather than capital raised. The equity column is the comparison worth making — companies at the same procurement position often sit at very different points in their funding history.
Founders & Team
- Fariborz AssaderaghiDirector
- Dean MaiDirector
- Brynn MoynihanExecutive Officer
- Ilya RazenshteynDirector · Executive Officer
- Mohammad Sadegh RiaziDirector · Executive Officer
- Davis TreybigDirector
Patents
- Secure Collaborative Processing Of Private Inputsgranted
- Secure Collaborative Processing Of Private Inputsgranted
- Secure Collaborative Processing Of Private Inputsapplication