Sotero Closes $8M Seed Extension Funding

Sotero
Sotero Co-founders, CTO Shanthi Boppana & CEO Purandar Das

Sotero, a Burlington, MA-based data security company, raised $8M in a Seed extension funding, bringing the round to a total of $13 Million.

The round was led by OurCrowd with participation from Gutbrain Ventures, PBJ Capital, and Boston Seed Capital.

The company intends to use the funds to accelerate its growth in the U.S. data security market, further expanding its technology to secure all data anytime, anywhere.

Co-founded by CTO Shanthi Boppana and CEO Purandar Das, Sotero provides a data security platform that enables customers to protect data anytime, anywhere, regardless of data store, integration mechanisms, and user tools. The platform controls, accesses, operates and uses data to extract information that drives organizational business outcomes and innovation. The data-centered solution consolidates all data instances, applications, and security point solutions into one platform that provides complete visibility, governance, and auditability of all data assets. 

FinSMEs

26/07/2022