SEUM advised personal data anonymization startup Deeping Source in its KRW 5.5 billion Series A financing, which included investments from Global Brain’s KDDI Open Innovation Fund, Mirae Asset Venture Investment Co Ltd, and Stonebridge Ventures Inc..

Deeping Source develops data anonymizing technology which protects personal information contained in data used for AI applications while also maintaining their utility for such applications. Existing anonymization technologies typically protect personal data through their deletion. However, Deeping Source has developed a solution that deletes only personally identifiable information and retains other data that can be used for machine learning purposes. Deeping Source is currently regarded as the only company with technology allowing for the utilization of data without the privacy issues arising from the collection and handling of personal data.

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