Insight Technology
Privacy-preserving computing for secure data intelligence applications.
| Date | Investors | Amount | Round |
|---|---|---|---|
| N/A | €0.0 | round | |
* | CNY100m | Series A | |
| Total Funding | 000k | ||
Insight Technology is a privacy computing technology service provider that enables the secure release of data value and compliant application of data intelligence. The company was incubated by China's largest credit management group, "Zhongchengxin," and has received investments from the state-owned "CETC" and other well-known funds. The founding team are described as pioneers in China's big data credit and intelligent risk control industries, with core members hailing from credit agencies, large banks, insurance companies, and AI enterprises. The founder and president is Mao Sai, a former vice president and CFO at China Chengxin Credit Management. The co-founder and CTO is He Hao, the former chief architect of the big data platform at the same company.
The company's core offering is InsightOne, a privacy computing platform launched in 2020 that combines technologies like multi-party computation, federated learning, and homomorphic encryption. This platform, also referred to as a "Data Intelligence Federation Platform," is designed to allow data to be used without exposing the raw, underlying information, following a principle of "data available but not visible". Insight Technology provides a full stack of services including software, hardware, algorithms, and models. Their product suite includes InsightStudio for computation, InsightService for model lifecycle management, InsightSupervisor for monitoring, and InsightPIR for anonymous queries. They also offer an all-in-one appliance called InsightBox for large-scale data applications.
The business model focuses on providing these technology solutions to clients in various sectors, including government, finance (banking, insurance), and asset management. The applications of their technology include joint risk control, joint marketing, asset scanning, and facilitating data-driven financing between banks and enterprises. The company has secured significant commercial use cases in the government and financial fields. In July 2022, Insightone raised $14.9 million in a Series A venture capital round.
Keywords: privacy computing, federated learning, multi-party computation, data intelligence, data security, FinTech, risk control, data monetization, homomorphic encryption, InsightOne, data-as-a-service, secure data collaboration, confidential computing, data privacy, RegTech, financial services, data analytics, big data security, enterprise software