Silence Laboratories raises $4.1M to build infrastructure using multiparty computation for data privacy and security

Silence Laboratories has raised $4.1 million in funding to scale its teams and enhance its R&D pipeline. The startup uses multiparty computation (MPC) to build infrastructure that helps enterprises keep their data private and secure. The funding round was co-led by Pi Ventures and Kira Studio, with participation from angel investors. Silence's products, Silent Shard and Silent Compute, offer advanced authorization rules and enable corporations to collaborate on processing information without revealing their own private data to third parties. The startup's target customers include digital assets enterprises, financial and healthcare organizations, and telecommunication companies.