Kapalya Closes Seed Funding Round
Summary
The company intends to use the funds to further enhance its existing Encryption Management Platform (EMP) and to step up its efforts in sales and marketing in North America, the Middle East and Africa. For many organizations, the COVID-19 pandemic has mandated their employees to work remotely, making them more vulnerable to cyber-attacks and ransomware breaches. This puts their data and file-sharing at risk and brings about the need for end-to-end encryption, across multiple platforms, within the entire organization. Led by Sudesh Kumar, Founder and CEO, Kapalya provides an Encryption management Platform that empowers businesses and their employees to securely store and share sensitive files at-rest and in-transit across multiple platforms through a user-friendly file system. The company serves keys in real-time and destroys them after the encrypt or decrypt functions.
Funding
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