Cosmian, a Paris, France-based deeptech startup specialized in cryptography and advanced encryption technologies, raised €4.2m in funding.
Backers included 115K, Elaia Partners, Guillaume Amblard, and the family holding company Fiblac.
The company intends to use the funds to accelerate the distribution of its first products and continue to innovate its solutions.
Founded by two French engineers, Sandrine Murcia and Bruno Grieder, Cosmian is a deeptech company that allows companies to secure the use of sensitive data and applications without compromising the security and privacy of the data used, including in the cloud.
Cosmian works in close collaboration with leading European laboratories and is advised by David Pointcheval, CNRS 2021 silver medalist, and Professor Nigel Smart, who heads the COSIC (Computer Security and Industrial Cryptography) research group at KU Leuven University.
The company, which has twenty employees, including researchers and developers of excellence in cryptography, has also established technological partnerships with key players such as Intel and Denodo, the data virtualization leader.