Rhino Federated Computing raises $15M Series A to enhance AI collaboration tools. This funding, led by AlleyCorp, will advance their federated AI platform for regulated industries.
Rhino Federated Computing raises $15M Series A to enhance AI collaboration tools. This funding, led by AlleyCorp, will advance their federated AI platform for regulated industries.
05/22/25, 2:29 PM
Location
bostonMoney raised
$15 million
Industry
information technology
software
analytics
Round Type
series a
Investors
Gaingels, Frank Sica, Wilson’s Bird Capital, Keren Maccabi, Telus Global Ventures, Qiming Venture Partners Usa, Arkin Digital Health, Fusion Fund, Lion Bird, Alley Corp
Rhino Federated Computing, a startup focused on AI collaboration tools for regulated industries, has secured $15 million in a Series A funding round. The investment was led by AlleyCorp with participation from several other investors. This funding will help expand their enterprise-grade federated AI platform. Founded in 2020, the company aims to unlock the value of sensitive data while maintaining privacy.
Company Info
Location
boston, massachusetts, united states
Additional Info
Rhino Federated Computing, Inc. was formerly known as Rhino HealthTech, Inc. Rhino Federated Computing is the global leader in enterprise Federated Computing platforms, empowering organizations to accelerate their data strategies and expand AI partnerships. Their Rhino Federated Computing Platform (FCP) is designed to unlock proprietary data for AI and analytics without requiring data transfer. This platform supports multi-cloud and hybrid environments, ensuring security, compliance, and data governance.