Qohash, a Quebec City, QC-based data security startup, raised CAD 8m in Series A funding.
The round was led by Fintop Capital. In conjunction with the funding, John Philpott, General Partner of FINTOP Capital, and Laurent Simoneau, President and CTO of Coveo, will join Qohash’s Board of Directors.
The company intends to use the funds to expand across North America and accelerate commercialization,
Founded in 2018 and led by CEO Jean Le Bouthillier, Qohash is a leader in data security software development that blends security technologies, allowing businesses to gain visibility on sensitive data. Its flagship SaaS platform QostodianTM allows companies to monitor sensitive data flow between employees and their personal computers and accounts to detect high-risk situations in real-time. Qostodian makes it possible to secure data with superior deployment, cost, and performance parameters. Qohash ReconTM, an on-premise platform, empowers firms to find and classify sensitive data on network drives and servers — processes that used to take hours now deliver results in minutes.
The solutions are currently available in the U.S. and Canada.