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.
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