Rhino Raises $15M Series A for Federated Computing Platform

The platform, which began as a collaboration with NVIDIA, has evolved into a multi-cloud, hybrid system
Four years ago, a groundbreaking study published in Nature Medicine proved something many thought impossible and that is AI models could be trained across multiple healthcare institutions without ever moving sensitive patient data between them. The EXAM study, a multi-institutional effort that demonstrated the real-world feasibility of Federated Learning in clinical environments, didn't just advance medical AI and it sparked an entirely new computing paradigm. Now, the company that emerged from those insights, Rhino Federated Computing, has closed an oversubscribed $15 million Series A funding round led by AlleyCorp, positioning itself as the leader in what it calls "Federated Computing." The round included participation from LionBird, Fusion Fund, Arkin Digital Health, Qiming Venture P
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Upasana Banerjee
Upasana is a Content Strategist with AIM Research. Prior to her role at AIM, she worked as a journalist and social media editor, and holds a strong interest for global politics and international relations. Reach out to her at: upasana.banerjee@analyticsindiamag.com
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