Baffle Closes $6 Million in Series A Financing

Funding Rounds

Summary

“Baffle’s unique approach for protecting data is attractive because it integrates into existing workflows—such as ServiceNow—without altering the application layer,” said Dominic Phillips, head of ServiceNow Ventures.“Our experience working with the Baffle team convinced us to participate in their funding, and we look forward to a mutually beneficial relationship.”“As enterprises accelerate their migration of critical applications to the cloud, the biggest pain-point identified by Chief Security Officers is protection of their sensitive data.Baffle provides an innovative and comprehensive data security solution to address this enterprise need,” said Umesh Padval, Partner at Thomvest Ventures who focuses on cybersecurity investments.“We are excited about our investment in Baffle led by a successful serial entrepreneur in Ameesh Divatia, as well as their unique application aware data security model that enables secure computing for cloud workloads accelerating enterprise migration to the cloud.”

$ Funding

$
Amount $6.0M Total raised
Date January 17, 2018 Announcement date
Investors Notified Lead investors
Company http://www.baffle.io Funded company

Classifications

industries
No industries detected
applications
Networking and Cloud

AskAI Classifications

Labels
Data Security Encryption Software SaaS

Linked Companies

INXPO
$5M to $10M
Baffle
$1M to $5M