Startup Of The Week

Startup Of The Week: Vaultree

Vaultree,a 2023 World Economic Forum Technology Pioneer, has developed technology that  it says allows companies to perform computations, searches or analytics  on data without first needing to decrypt it.  The Irish scale-up counts companies in the healthcare, financial services, telcom, and travel sectors among its clients.

In October Vaultree presented its technology to Europol, demonstrating how its tech can process encrypted images to allow law enforcement agencies to create collaborative data sets without exposing sensitive information. This week the company presented to South Korea’s leading companies as part of an Irish government delegation.

The ability to perform processing on encrypted data has the potential to increase trusted data collaboration and solve major business challenges faced by companies,

“We are creating a whole new universe of opportunities,” says Ryan Lamailli, who co-founded the company in 2020 along with Maxim Dressler, Shaun Mc Brearty and Tilo Weigandt. “This applies to every vertical because everyone who generates data and works with data has sensitive data or is exposed to it.”

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About the author

Jennifer L. Schenker

Jennifer L. Schenker, an award-winning journalist, has been covering the global tech industry from Europe since 1985, working full-time, at various points in her career for the Wall Street Journal Europe, Time Magazine, International Herald Tribune, Red Herring and BusinessWeek. She is currently the editor-in-chief of The Innovator, an English-language global publication about the digital transformation of business. Jennifer was voted one of the 50 most inspiring women in technology in Europe in 2015 and 2016 and was named by Forbes Magazine in 2018 as one of the 30 women leaders disrupting tech in France. She has been a World Economic Forum Tech Pioneers judge for 20 years. She lives in Paris and has dual U.S. and French citizenship.