Vaultive, a Boston, MA-based provider of a cloud data encryption platform, raised $8m in funding.
The round was led by .406 Ventures, New Science Ventures and Harmony Partners.
The company will use the new funding for continued growth, and advancement of its solution.
Led by Jonas Hellgren, President and CEO, and David Kahan, CFO and General Counsel, Vaultive provides an encryption platform for cloud data. The company’s encryption-in-use technology allows global enterprises in financial services, life sciences and pharma, legal and professional services, manufacturing, retail and media, but also mid-size and smaller companies to control and own their data wherever it resides.