Data security firm Hazy lands $1m from Microsoft

May 2, 2018 · uktech.news

Hazy team 2 898x505

Software developer Hazy, previously known as Anon AI, has secured $1m from Microsoft’s investment arm.

The investment comes alongside winning the M12’s Innovate AI award. Innovate AI is a global competition launched by M12, formerly Microsoft Ventures, to recognise and award capital to high-potential AI and machine learning star-ups.

The competition took place in North America, Europe and Israel and saw 10 finalists battle it out in each country.

Hazy is developing software that can automatically anonymise data, enabling developers and data scientists to share it securely. Data security is becoming even more pertinent as we head towards GDPR coming into force next month.

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