202225 May

ShardSecure Inks Oversubscribed $11M Series A


NEW YORK, NY, ShardSecure has closed an oversubscribed $11 million Series A funding round. ShardSecure, inventor of Microshard™ technology that mitigates data security and privacy risks in the cloud, has closed an oversubscribed $11M Series A funding round led by Grotech Ventures, with significant participation from Gula Tech Adventures and KPMG LLP, as well as existing investors Tom Noonan, EPIC Ventures, and Industrifonden. ShardSecure is a data security company with Microshard technology- a solution capable of breaking data into single-digit bytes and distributing across cloud locations without sacrificing performance. Microsharding provides zero data sensitivity for cloud-stored or on-prem data, and can be used with or without encryption to provide true defense in depth. (c)2011-2020 by Massinvestor, Inc. For contact info, please check out our about page.

Source: Vcnewsdaily