Induz is a single, integrated solution complementing all confidential computing interactions for enterprises including user management, storage and selective data delivery. It helps clients achieve the primary goal of confidential computing which is to remove dependency on a platform, and provides security on multi-cloud, hybrid and edge computing scenarios, thereby ensuring that customers are the sole owners of their digital assets, and that their workload and the respective interactions remain confidential throughout the lifecycle. Induz leverages Hardware Security Modules (HSM) and Intel’s SGX technology to offer the world’s first confidential storage and IAM (Identity and Access Management) platform. Using secure enclaves, advanced encryption and tokenisation, Induz ensures data remains private and tamper-proof, making it the ultimate choice for safeguarding critical data assets. Furthermore, Induz’s platform is highly cost-efficient, offering a significantly lower total cost of ownership compared to non-secure alternatives, saving organisations 5-10x in deployment costs. This cost efficiency makes Induz especially attractive to companies wishing to balance stringent security requirements with budget constraints. The company is designed to meet the increasing demand for secure data handling in AI, finance, healthcare and other regulated industries.
Data Security Startup Induz Raises USD 780K Funding Led by YourNest