Rhino Federated Computing

Company Overview

Snapshot

Founded in December 2020 by Dr. Ittai Dayan and Yuval Baror, Rhino Federated Computing operates with 51–200 employees. The company has raised a total of $32.61 million across 5 funding rounds from 11 investors, with AlleyCorp leading its Series A round in May 2025. This funding supports its mission to scale real-world enterprise Federated Computing workloads.

Business overview

Rhino Federated Computing develops and operates turnkey Federated Computing programs that enable secure, decentralized data collaboration. The company's core technology allows organizations to leverage sensitive data for AI model training without compromising privacy or moving the data, addressing the challenge of underutilized enterprise data due to security concerns. Rhino serves regulated industries such as healthcare, finance, and biopharma, providing solutions for data science, data engineering, and custom software development. Its offerings include a Federated Computing Platform (Rhino FCP), Federated Datasets, and a Data Harmonization Engine, operating within the Health Tech & Life Sciences and Business Software sectors.

Strategic signal

In May 2025, Rhino Federated Computing secured $15 million in a Series A funding round led by AlleyCorp. This significant capital infusion, bringing the company's total funding to over $30 million, signals strong investor confidence in its federated AI platform and its potential to expand AI collaboration tools across regulated industries like health, finance, and biopharma. The funding will be used to further scale its platform, indicating a clear growth trajectory and strategic validation for its secure data collaboration technology.

Company Intelligence Q&A

When did Rhino Federated Computing raise its Series A funding round?

In May 2025, Rhino Federated Computing secured $15 million in a Series A funding round led by AlleyCorp, with participation from Gaingels.

What is Rhino Federated Computing's primary focus in its collaborations?

Rhino Federated Computing focuses on enabling cross-organizational collaboration without moving data, particularly for AI development in regulated industries like healthcare and finance, as evidenced by its partnership with Google Cloud and Swift in December 2024 to combat payments fraud.

Which major partnership did Rhino Federated Computing announce in June 2024?

In June 2024, Rhino Federated Computing announced a partnership with Google Cloud to scale its Federated Computing Platform, integrating it with Google Cloud's generative AI, data, and analytics capabilities to expand into new verticals like the financial sector.

What was the purpose of the partnership with ARC Innovation at Sheba Medical Center in June 2024?

In June 2024, ARC Innovation at Sheba Medical Center partnered with Rhino Federated Computing to standardize clinical data using Generative AI, aiming to enhance operational efficiency and boost capabilities in patient care and clinical research by addressing interoperability challenges.

What was the outcome of Rhino Federated Computing's partnership with Medinexo in May 2024?

In May 2024, Rhino Federated Computing partnered with Medinexo to expand data diversity in therapeutic development, combining Rhino's Federated Computing Platform with Medinexo's network of research sites to streamline clinical trials and democratize participation in the healthcare and life sciences data ecosystem.