Duality Technologies says the funds will help it expand go-to-market operations, strengthen its position on the privacy-preserving segment and Privacy Enhancing Technologies (PETs), and to advance partnerships with technology vendors.

The funding round was led by LG Technology Ventures. Existing investors Hearst Ventures, Intel Capital, and Team8, along with Euclidean Capital and NAventures, the corporate venture capital arm of the National Bank of Canada, also contributed.

Through its Duality SecurePlus suite of data collaboration solutions, Duality seeks to help organizations ensure the safety of sensitive data during collaboration, while also complying with data privacy regulations.