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FLock io Secures $9M in Funding for Revolutionary AI Privacy Solution

FLock io

Funding Amount
USD 9.0M
Company Size
11-50 employees
Industry
IT Services and IT Consulting

We are thrilled to announce that FLock.io has successfully raised $9 million in a recent funding round, a significant milestone in our mission to revolutionize the landscape of Artificial Intelligence with privacy at its core. FLock.io is dedicated to developing a decentralized and privacy-preserving solution that redefines how data is utilized in machine learning. Our innovative research initiative, Federated Learning Blocks—affectionately abbreviated to FLocks—leverages the power of blockchain technology to create a robust coordination platform for data holders. By facilitating machine learning processes where data remains local and private, we eliminate the need for a central entity to gather and manage sensitive information. This transformational approach not only prioritizes user privacy but also empowers individuals and organizations to extract valuable insights from their data while retaining the ability to monetize it at their discretion. The funds raised will enable us to accelerate the development of our innovative platform and broaden our outreach, connecting with more data holders eager to harness the potential of their information securely. We are excited to embark on this journey, as FLock.io enhances the landscape of artificial intelligence through democratized data access, ensuring privacy and security for all participants. Thank you to our investors for their belief in our vision and commitment to shaping a more transparent and privacy-centric future in AI.

December 30, 2024

Buying Signals & Intent

This company has expressed interest in the following products and services:

Analyzed by AI based on company activities and public data
  • Blockchain Solutions
  • Federated Learning Applications
  • Decentralized Applications
  • Research Partnerships
  • Community Engagement Tools

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