Duality Technologies is a privately held company specializing in privacy-enhancing technologies (PETs), particularly homomorphic encryption, to enable secure data collaboration and analysis. They empower organizations to derive insights from sensitive data without exposing the raw data itself, addressing growing privacy concerns and regulatory compliance requirements.
Company Mission, Goals, and Market Reputation
Duality Technologies’ mission is to unlock the value of sensitive data for collaboration while preserving data privacy, trust, and regulatory compliance. Their goal is to make data collaboration accessible and secure, driving innovation in the age of big data and artificial intelligence. They aim to achieve this by operationalizing PETs, making them practical and scalable for real-world applications.
Duality Technologies has earned recognition as a leader in the PETs space. They were named a Gartner “Cool Vendor” for Privacy Preservation in Analytics, a World Economic Forum Technology Pioneer, and listed on Fast Company’s Most Innovative Companies list. These accolades, along with their partnerships with industry giants like AWS, Azure, Google, Oracle, IBM, and Intel, solidify their strong market reputation.
Offerings, Integrations, and Capabilities
Duality Technologies offers a comprehensive platform for secure data collaboration and analysis, incorporating various PETs like homomorphic encryption, differential privacy, multiparty computation, federated learning, and trusted execution environments. Their platform provides end-to-end control over the data science lifecycle, from data ingestion and preparation to model training, inference, and analysis.
Key capabilities include:
- Encrypted queries on secured datasets: Enabling analysis without decryption.
- Privacy-protected AI development and monetization: Building and deploying AI models while preserving data privacy.
- Built-in data management: Schema alignment, data transformation, feature engineering, and fuzzy matching within a secure environment.
- Collaboration management and governance: Easy setup of collaboration networks with granular control over data access and usage.
- Seamless integration: Compatibility with existing data assets, cloud storage, software infrastructure, and workflows through SDKs, APIs, and integrations with leading data warehouses.
Key Products and Services
Duality Technologies’ flagship product is their SecurePlus Platform, a comprehensive solution for privacy-enhanced data collaboration. Within this platform, they offer specific solutions like Duality Query for encrypted queries and Duality AI for privacy-protected AI development. They also provide a production-ready, post-quantum, fully homomorphic encryption (FHE) library as open source. For digital twin simulation, they offer FalconCloud, FalconSim, and FalconEditor, providing cloud-based simulation, native format support, and integration capabilities.
Target Customers and Benefits
Duality Technologies targets a variety of industries and market segments, including:
- Financial Services: Fraud prevention, anti-money laundering (AML), risk assessment, and trade financing.
- Healthcare: Genomic Wide Association Studies (GWAS), Real World Evidence (RWE) analysis, and secure data sharing for research.
- Government: Zero footprint investigations and privacy-preserving data collaborations.
- Marketing: Personalized targeted offers, loyalty programs, and customer retention optimization.
These customers benefit from:
- Enhanced data privacy and security: Protecting sensitive data while extracting valuable insights.
- Improved collaboration: Securely sharing data with partners, customers, and other stakeholders.
- Regulatory compliance: Meeting data privacy regulations and minimizing risks.
- New revenue opportunities: Monetizing data and insights while preserving privacy.
- Accelerated innovation: Unlocking the potential of data for research and development.
- Enhancing Trust: Building trust with customers and partners by demonstrating a commitment to data privacy.
- Driving Innovation: Enabling new data-driven applications and services that respect privacy.
Cloud Integrations and Marketplaces
Duality Technologies integrates with major cloud providers:
- AWS: Available on AWS Marketplace, integrated with AWS Nitro Enclaves and Amazon SageMaker.
- Azure: Fully integrated with Microsoft Azure and available on Azure Marketplace.
- Google Cloud: Integrated with Google Cloud Platform (GCP).
Key People
- Alon Kaufman: Co-Founder and CEO
- Kurt Rohloff: Co-Founder and CTO
- Rina Shainski: Co-Founder and Executive Chairwoman
- Shafi Goldwasser: Co-Founder
- Vinod Vaikuntanathan: Co-Founder
- Adi Hirschstein: Vice President of Product
Key Facts
- Headquarters: Hoboken, NJ, USA and Tel Aviv, Israel
- Number of Employees: Approximately 50
- Annual Revenue: Estimated $6.7 million
- Publicly Listed: No
Analyst Group Recognition
Duality Technologies is recognized by Gartner as a “Cool Vendor” in Privacy Preservation in Analytics.
