According to filings with the U.S. Securities and Exchange Commission, CipherMode Labs dba Pyte is raising up to $4,599,992.00 in new funding. Sources indicate that as part of senior management President and Chief Executive Officer, Sadegh Riazi played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About CipherMode Labs dba Pyte
Pyte exists for one reason only: to allow the efficient flow of information while fully preserving the privacy of data owners and the confidentiality of enterprise data. Today, there is an unnecessary friction between data utility and data privacy. Pyte is building a full stack of technologies that allow enterprises to fully benefit from their data and collaborate seamlessly with their partners without disclosing their data to any other entity including Pyte. We believe the future of compute should be built with privacy and security at the center, not as an aftermath. Our dream is to create new possibilities, Imagine a world where individuals can safely contribute their data for advancement without the fear of data leakage. Join Pyte and build the future of compute with us!

To learn more about CipherMode Labs dba Pyte, visit http://www.pyte.ai/

Contact:
Sadegh Riazi, President and Chief Executive Officer
909-979-1812
https://www.linkedin.com/in/sadeghr/

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