The era of free use of data while protecting privacy is not yet here. Companies say privacy issues make it difficult to obtain the data needed to advance AI, and users are still concerned about privacy exposure. CryptoLab’s goal is to create a convenient and safe world by freely using data without worrying about our personal information being exposed.
CryptoLab is taking the lead in developing such private AI. Based on its outstanding technology and commercialization capability, in July 2022, CryptoLab attracted about $16 million in Series A investment from venture capitals such as Stonebridge Ventures, Altos Ventures, and Kiwoom Investment.
Homomorphic encryption is the latest technology that encrypts data and allows operations to be performed on data even in an encrypted state. CryptoLab not only possesses the original technology for homomorphic encryption, but also leads the world industry in the field of high-speed implementation of homomorphic encryption.
In addition, as Korea’s No.1 company in the field of quantum-resistant cryptography that will be responsible for security in the quantum computer era, CryptoLab technology was designated as a domestic standard by the Korea Information and Communication Technology Association, and Post-Quantum strengthened the overall security of communication infrastructure in cooperation with domestic telecommunication companies. It is playing a pivotal role in the transition to the era.