Cambridge-based online security startup Profian scores €4.3 million to make cloud computing more secure
Summary
Profian, a Confidential Computing platform focused on bespoke open source solutions, announced has just secured €4.3 million in seed funding. The round was co-led by Project A Ventures and Illuminate Financial, and included angel investors like Olivier Pomel, CEO of Datadog, and Tyler McMullen, CTO of Fastly. Mike Bursell, Profian’s CEO, stated: “Profian’s Confidential Computing platform will allow organizations who are currently unable to enjoy the benefits of cost savings and speed associated with public clouds — for regulatory, audit or risk management reasons — to deploy even their most sensitive data and applications in a truly hybrid, multi-cloud environment. Uwe Horstmann, General Partner at Project A, commented: “Mike and Nathaniel’s exceptional backgrounds make for an amazing pair of founders to take on this challenge. aand we believe Profian and Enarx will have the same massive impact on Confidential Computing as containers did for cloud native development.” Profian is also a member of the Confidential Computing Consortium, a Linux Foundation project, which unites hardware vendors, cloud providers, and software developers to accelerate the adoption of Trusted Execution Environment technologies and standards.