ShardSecure, a New York-based company which specializes in data security and privacy, raised $2.5m in Pre-Series A funding.
The round, which brought total funding raised to date to $4.5m, was led by EPIC Ventures with participation from existing investors Industrifonden and cybersecurity expert Tom Noonan.
The company intends to use the funds to accelerate growth, expand operations and its business reach.
Led by Bob Lam, CEO and Co-founder, ShardSecure provides a data privacy and security technology platform to companies in technology and investment management, with deployments in biotech and commercial banking as well.
Since announcing general availability less than one year ago, the company has made advancements for their Microshard solution, offering support for both structured and unstructured datasets, and performance upgrades including a streamlined deployment process that can be completed in under fifteen minutes. ShardSecure has built out its sales force to include senior enterprise sales coverage in the U.S. Northeast, West and South, and has signed reseller relationships with Red River, DC Consulting and FiveSky. The ShardSecure product offering is now available on AWS Marketplace as well.
FinSMEs
12/07/2021