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A. CYBER. Israël est l’un des pays leaders mondiaux en matière de cybersécurité avec une industrie estimée à 82 Mds USD. Le pays exporte pour 6,5 Mds USD par an de cybersolutions, soit près de 8 % du marché mondial. Avec 5 % de la part du marché mondial de la cybersécurité – juste derrière les États-Unis – et 15% de l’investissement mondial dans le cyber-secteur, Israël est considéré comme l’un des principaux pays innovateurs dans le domaine. Check Point et CyberArk, deux des dix entreprises leaders en cybersécurité du monde, sont israéliennes. (https://www.businessfrance.fr)

B. Qedit, start-up franco-israélienne qui développe une solution de préservation de la confidentialité des données dans la blockchain, annonce une levée de fonds en série A de 10 millions de dollars menée par Ant Financial, la filiale financière d’Alibaba, RGAx et VMware, trois entreprises qui explorent les applications de Qedit dans leurs industries respectives. MizMaa Ventures, Meron Capital, Collider Ventures, Jovono et Target Global ont également participé à l’opération. Pour le secteur bancaire, la solution de Qedit est une garantie de confidentialité lors du transfert d’actifs sur des réseaux décentralisés. Elle permet aussi aux entreprises de mettre au point des systèmes de gestion des supply chains avec tout leur écosystème, tout en préservant la confidentialité des données.

LE PLUS. The company develops tools for maintaining information confidentiality in cooperating organizations.

One year after being reported in « Globes, » blockchain startup Qedit has announced that it has raised $10 million in a Series A round led by MizMaa Ventures and with participation from Ant Financial, RGAX, Meron Capital, Collider Ventures, Jovono and Target Global.

Qedit , founded in 2015 by CEO Jonathan Rouach, Ruben Arnold, and Prof. Aviv Zohar, was among the first Israeli blockchain companies, and is one of the few that develops tools for the enterprise market that are not cryptographic currencies. The company develops tools for maintaining the confidentiality of information in organizations that want to cooperate with each other without exposing sensitive data. This is accomplished through the use of zero-knowledge proof cryptography.

The new round is in addition to the $3 million raised in Qedit’s seed round led by Prof. Ehud Weinstein and Dr. Ofir Shalvi, two of the founders of Anobit Technologies (which was sold to Apple); Eddy Shalev; Yariv Gilat; Bitmain founder Jihan Wu; and Collider. Rouach said that the new financing round was designed to « increase the company’s staff from 20 to 25-30 employees in development, sales, and business development in order to help the company gain access to markets and tenders throughout the world. »

Simultaneously with the announcement of the financing round, Qedit announced three new strategic partnerships: with virtualization company VMware, which deals with cloud infrastructure; with Ant Financial, which offers financial services through payment provider Alipay; and with RGAX, a subsidiary of Reinsurance Group of America (RGA).

« Qedit will provide VMware’s privacy layer for blockchain as a default option in all of its installments. The first pilots are taking place now, and the announcement of this is scheduled for the VMworld 2019 conference in several months. This is not proof of feasibility; it is preparatory work for actual deployment, » Rouach said.

Published by Globes, Israel business news – en.globes.co.il – on May 7, 2019

© Copyright of Globes Publisher Itonut (1983) Ltd. 2019

A SAVOIR. QED-it helps businesses accelerate trust with Zero-Knowledge Blockchains. It also developed Zero-Knowledge Blockchain, a protocol which combines Enterprise Blockchain with Zero-Knowledge Proof cryptography. Mentored by Prof. Shafi Goldwasser (Turing Award 2012) who co-invented Zero-Knowledge Proofs, this team of world-renowned experts in cryptography, security and blockchain tackles several use-cases. The company provides an enterprise solution for preserving privacy on the Blockchain.

QED-it allows clients to can keep their data private and at the same time share proofs about these data with partners, and even with competitors in their ecosystem. They also solve the confidentiality tradeoff using scalable Zero-Knowledge Proof technology. It also enables running audit queries such as credit and risk scoring without revealing the underlying private data used to calculate the score

QED-it was founded in 2016 and is headquartered in Tel Aviv, Israel.

Co-Founders : Aviv Zohar, Jonathan Rouach, Ruben Arnold

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