Zama’s homomorphic encryption tech lands it $73M on a valuation of nearly $400M

Homomorphic encryption, a complex technique that uses cryptographic algorithms to keep data secure as it travels around networks and to third parties, continues to elude mass-market scalability and thus adoption — not least because currently, the complexity that makes it so effective also makes it slow and hard to use widely.
But in a world rife with data leaks and creative, malicious hacking, the approach holds a lot of promise for ensuring data security longer term, so investors continue to fund startups staffed with smart people chipping away at making the concept into a reality.
In the latest development, a startup …
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