» » Data Security Firm Sotero Raises $8 Million in Seed Funding

Data Security Firm Sotero Raises $8 Million in Seed Funding

Data Security Firm Sotero Raises $8 Million in Seed Funding

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Knowledge Safety Agency Sotero Raises $eight Million in Seed Funding

By Ionut Arghire on July 26, 2022

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Knowledge safety startup Sotero has raised $eight million in an prolonged seed funding spherical that brings the whole invested within the firm to $13 million.

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

Based in 2017, the Burlington, MA-based Sotero gives a data-focused safety platform that permits for the centralized administration of knowledge situations, functions, and safety level options.

Sotero’s cloud-native, zero belief resolution gives auditability, visibility, governance, and management of all information property, for full information administration throughout the ecosystem. The platform depends on encryption to guard all information, no matter whether or not it’s at relaxation, in transit, or in use.

The funding can be used to advance analysis and growth to safe unstructured information, along with the structured and semi-structured information, Sotero co-founder and CEO Purandar Das says. The corporate may even spend money on accelerating progress within the US.

“Sotero brings collectively for the primary time full and quick access to enterprise information, along with unparalleled safety controls. These seemingly contradictory calls for change into easily built-in into the Sotero information safety cloth,” OurCrowd CEO Jon Medved stated.

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