QEDIT Overview
QEDIT leverages cutting-edge privacy-enhancing technology to help companies engage in secure data collaboration to safely unlock new value, make sharper business decisions, and tackle industry-wide challenges. Using QEDIT, enterprises can monetize, exchange, and analyze insights derived from external datasets without exposing the underlying data itself. The companys ISO 20071-certified platform is GDPR and CCPA compliant and is used across a wide range of sectors, including banking, insurance, and eCommerce to detect fraud, mitigate financial crime, verify identities, reveal industry benchmarks, enrich customer profiles, and more. QEDIT was founded by a team of accomplished tech entrepreneurs, researchers, and developers and is overseen by a scientific advisory board composed of renowned experts in advanced cryptography. QEDIT has been recognized as a World Economic Forum Technology Pioneer for its contributions to the field of data privacy and was recently selected to join an elite Defense Advanced Research Projects Agency (DARPA) research project focused on broadening the purview of ZKP cryptography for industry and government. Its solutions have been deployed by cross-industry market leaders including VMware, Ant Financial, RGAX, Deloitte, and Samsung SDS.
Cumulative Funding Raised Over Time ($)
$2.5MDec 2016
$12.5MMay 2019
Latest News
growth-positive
Israel's QEDIT awarded $2 million funding in DARPA cryptography research program
Israeli privacy-enhancing technology provider QEDIT has announced its participation in a $12.6 million research project funded by DARPA. The project, called Project Fromager, aims to harness advanced cryptography to preserve the integrity of complex software programs. QEDIT will receive $2 million of the funding allocation. Project Fromager is part of DARPAs Securing Information for Encrypted Verification and Evaluation (SIEVE) program, which focuses on using Zero-Knowledge Proofs (ZKPs) to verify capabilities without revealing sensitive details. The project will run through 2024 and will be led by R&D specialist firm Galois, with the involvement of academic resources from Aarhus University, Columbia University, and Ku Leuven University.
Investment
growth-positive
The 35 hottest Israeli startups of 2020, according to insiders in the local tech scene
The article discusses the OurCrowd tech conference held in Jerusalem in February, where over 23,000 people from 180 countries attended. OurCrowd is a venture capital firm that raises its investment funds through crowdsourcing and has over 42,000 investors who have committed $1.4 billion to its funds. The conference is a hotspot for startups looking for investors, corporate dealmakers looking for fast-growing Israeli startups to buy, or investors looking for the next big thing. The article highlights 35 companies that are considered the hottest Israeli startups of 2020, including Lemonade, a company that offers renters and homeowners insurance.
InvestmentPublic Trading
growth-positive
Indian IT firm Mphasis to develop blockchain privacy-enhancing tech solutions with QEDIT - TokenPost
Indian IT firm Mphasis is partnering with Israeli startup QEDIT to develop blockchain privacy-enhancing technology solutions for enterprises. The collaboration aims to enable enterprises to fight fraud, verify identities, and comply with data privacy regulations. Mphasis previously partnered with Bitfury for a trade finance project.
Partners
growth-negative
Yahoo Search - Web Search
Yahoo India will no longer be publishing content starting from August 26th, 2021. The closure of content publishing will have a negative impact on the companys growth. Yahoo Account, Mail, and Search experiences will continue to operate as usual without any effect. The article expresses gratitude to the readers for their support.
Customers
growth-positive
Samsung SDS partners with QEDIT for blockchain asset transfer privacy - Ledger Insights - enterprise blockchain
Privacy tech firm QEDIT has partnered with Samsung SDS to integrate its zero-knowledge proof privacy solution into Samsung SDSs blockchain. The partnership will allow for authenticating asset transfers without revealing confidential information. Samsung SDS, a Korean company with $11.8 billion in revenue, offers cross-industry solutions on its Nexledger blockchain. QEDITs technology has been praised by Samsung SDS for its performance and ability to scale in a blockchain environment. QEDIT has also recently integrated its solution into Deloittes blockchain credentialing platform and worked on a supply chain privacy project with Tradeshift.
Partners
| Sector | Cyber Security |
Funding
| Total funding | $12.5M |
| Last funding | $10M |
| Stage | A |
| Rounds | 2 |
| Investors | 13 |
Team Members
3
Employees: 1-10
Web & Social Links
| Website | qed-it.com |
| Careers | Careers page |
Locations
Rothschild Blvd 22, Tel Aviv-Yafo, Israel
Photos & Videos
2 item(s)
QEDIT Business
Business models
B2B
Product stage
Released
Employees
1-10
Sector
Cyber SecurityData SecurityTarget Customer
Enterprise & Professional ServicesEnterprisesGovernment & CityFinancial ServicesFinancial InstitutionsBanksCore Technology
CryptographyPlatforms & InterfacesWebTags (17)
cyber-securitycryptographyitenterprise-solutionsretailweb-platformenergygovernmentinsurance-companiesecommerceblockchainbanksopen-bankingpaymentskycanti-fraudmonetizationGeographic Markets
GlobalUnited Arab EmiratesQEDIT Financials
$12.5M
Total funding
Undisclosed
Capital raised
$10M
Last funding
A
Funding stage
2
Total rounds
13
Investors
Cumulative Funding Raised Over Time ($)
$2.5MDec 2016
$12.5MMay 2019
Private Equity Funding
A Round
May 2019
$10M
MizMaa Ventures, RGAX, Target Global, Ant Financial, Meron Capital, Collider Ventures, Jovono
Seed
Dec 2016
$2.5M
Wu Jihan, Ofir Shalvi, Ofer Rotem, Eddy Shalev, Meni Rosenfeld, Ehud Weinstein
QEDIT Lifecycle
Cumulative Funding Raised Over Time
$2.5MDec 2016
$12.5MMay 2019
All Events
A Round
May 2019
$10M
MizMaa Ventures, RGAX, Target Global, Ant Financial, Meron Capital, Collider Ventures, Jovono
Seed
Dec 2016
$2.5M
Wu Jihan, Ofir Shalvi, Ofer Rotem, Eddy Shalev, Meni Rosenfeld, Ehud Weinstein
QEDIT News
11 articles
growth-positive
Israel's QEDIT awarded $2 million funding in DARPA cryptography research program
Israeli privacy-enhancing technology provider QEDIT has announced its participation in a $12.6 million research project funded by DARPA. The project, called Project Fromager, aims to harness advanced cryptography to preserve the integrity of complex software programs. QEDIT will receive $2 million of the funding allocation. Project Fromager is part of DARPAs Securing Information for Encrypted Verification and Evaluation (SIEVE) program, which focuses on using Zero-Knowledge Proofs (ZKPs) to verify capabilities without revealing sensitive details. The project will run through 2024 and will be led by R&D specialist firm Galois, with the involvement of academic resources from Aarhus University, Columbia University, and Ku Leuven University.
Investment
growth-positive
The 35 hottest Israeli startups of 2020, according to insiders in the local tech scene
The article discusses the OurCrowd tech conference held in Jerusalem in February, where over 23,000 people from 180 countries attended. OurCrowd is a venture capital firm that raises its investment funds through crowdsourcing and has over 42,000 investors who have committed $1.4 billion to its funds. The conference is a hotspot for startups looking for investors, corporate dealmakers looking for fast-growing Israeli startups to buy, or investors looking for the next big thing. The article highlights 35 companies that are considered the hottest Israeli startups of 2020, including Lemonade, a company that offers renters and homeowners insurance.
InvestmentPublic Trading
growth-positive
Indian IT firm Mphasis to develop blockchain privacy-enhancing tech solutions with QEDIT - TokenPost
Indian IT firm Mphasis is partnering with Israeli startup QEDIT to develop blockchain privacy-enhancing technology solutions for enterprises. The collaboration aims to enable enterprises to fight fraud, verify identities, and comply with data privacy regulations. Mphasis previously partnered with Bitfury for a trade finance project.
Partners
growth-negative
Yahoo Search - Web Search
Yahoo India will no longer be publishing content starting from August 26th, 2021. The closure of content publishing will have a negative impact on the companys growth. Yahoo Account, Mail, and Search experiences will continue to operate as usual without any effect. The article expresses gratitude to the readers for their support.
Customers
growth-positive
Samsung SDS partners with QEDIT for blockchain asset transfer privacy - Ledger Insights - enterprise blockchain
Privacy tech firm QEDIT has partnered with Samsung SDS to integrate its zero-knowledge proof privacy solution into Samsung SDSs blockchain. The partnership will allow for authenticating asset transfers without revealing confidential information. Samsung SDS, a Korean company with $11.8 billion in revenue, offers cross-industry solutions on its Nexledger blockchain. QEDITs technology has been praised by Samsung SDS for its performance and ability to scale in a blockchain environment. QEDIT has also recently integrated its solution into Deloittes blockchain credentialing platform and worked on a supply chain privacy project with Tradeshift.
Partners
Deloitte Blockchain Platform 'Eduscrypt' Uses QEDIT's Crypto Technology
Neutral
Tradeshift and Qedit join forces to address blockchain privacy issues in trade finance Global Trade Review (GTR)
The article is a detailed privacy policy of Exporta Publishing & Events Ltd, outlining how the company collects, uses, and protects user data. The company collects personal data to provide customized services and improve user experience. It also uses cookies to track user behavior and improve site efficiency. The company assures that it takes necessary precautions to protect user data from unauthorized access or loss. It also provides users the option to access, update, or erase their personal data.
Customers
growth-positive
Kaleido Blockchain integrates QEDIT Zero-Knowledge Proof Enterprise Privacy Solution - TokenPost
Kaleido, a ConsenSys enterprise blockchain startup, has partnered with QEDIT to integrate the Zero-Knowledge Proof Enterprise Privacy Solution onto its platform. This integration allows clients to protect sensitive transactional data from being shared on the blockchain through zero-knowledge proof cryptography. The technology is particularly useful in the energy and financial sectors. Kaleido has introduced two new services around zero-knowledge proofs, the Zero Knowledge Token Transfer Service and QED-ITs Private Asset Transfer Service, to promote secure and private transactions. The partnership with QEDIT accelerates the enterprise adoption of blockchain technology by eliminating the need for custom code development. The integration is now available in the Kaleido marketplace.
Partners
growth-positive
QEDIT Partners With Ant Financial, VMware, RGAX, Raises $10 Million
Blockchain privacy solutions provider QEDIT has announced a partnership with Ant Financial, VMware, and RGAX to inspect their privacy solutions. The company also announced the closing of a $10 million series A round led by MizMaa Ventures, with participation from Ant Financial, RGAX, Meron Capital, venture capital firm Jovono, and Target Global. The funding will be used to continue developing its privacy protocol and to boost its sales teams and partnerships. QEDITs privacy layer for enterprise blockchain networks uses zero-knowledge proof cryptography and complies with data privacy management requirements such as GDPR.
PartnersInvestment
growth-positive
Israeli serial startup stars of blockchain tech return with QEDit, a zero-knowledge proof diligence tool
QEDit, a company that provides audit and due diligence services for financial institutions using zero knowledge proofs on the Ethereum blockchain, is launching its product at TechCrunch Disrupt Berlin. The company allows multi-party transactions to prove certain facts about a business without sharing the underlying data. QEDit has partnerships with Deloitte, BNP Paribas, and British Telecom. The company plans to sell the service on a per-use basis and is offering two free years of service to beta customers. The technology has the potential to bring radical change to financial services by enabling peer-to-peer verification without revealing private data.
Partners
Blockchain-based zero knowledge proof solution QED-it comes out of stealth mode
QEDIT Team
Employee Info
| Employees (range) | 1-10 |
| Exact count | 10 |
| Team members | 3 |
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QEDIT Internal
Recent Updates
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Admin Info
| Confidence | 100/100 |
| Missing | markets |
| BI Verification | Jenny Sotnik-Talisman |
| Registrar ID | 515485274 |
| Crunchbase | qed-it |
| Creator | Paz Eliav |
| Creator email | paze@cet.ac.il |
| Last updater | Dana Arnon |
| Updater email | dana.arnon@mail.huji.ac.il |
| Last update | 2022-09-20T00:00:00.000Z |
| Created | 2016-10-31T00:00:00.000Z |