# Commonwealth Crypto

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/commonwealth-crypto

- Industry: Software
- Headquarters: Cambridge, US
- Website: www.bastionzero.com
- Total disclosed funding: $7.5M
- Latest round: Seed (Mar 2, 2022)
- Investors on record: 6

## About

Founded in 2020 and based in Massachusetts, US, BastionZero, Inc. doing business as Commonwealth Crypto, Inc. operates as a cyber network platform that provides secure remote access to infrastructure targets across cloud environments. In May 2024, CloudFlare, Inc., a portfolio company of New Enterprise Associates, Greenspring Associates, Pelion Venture Partners, Venrock, Union Square Ventures, Qualcomm Ventures, Franklin Templeton, CapitalG, Fidelity Investments, Baidu, Microsoft, acquired Commonwealth Crypto, Inc. from Akamai Technologies, Inc., Dell Technologies Capital, DG Daiwa Ventures, Highland Capital Partners, Notation Capital and Underscore VC for an amount.

The core product of BastionZero is its zero-trust access platform, which facilitates secure, passwordless entry to various infrastructure components. The platform features single-click authentication, continuous validation of authorization controls, and real-time visibility into user activities. It serves as an enterprise VPN alternative, eliminating the need for traditional credential management and reducing the attack surface by removing single points of compromise.

## Funding rounds

- Seed, Mar 2, 2022, $6M — Akamai Technologies, Inc., Dell Technologies Capital, DG Daiwa Ventures
- Seed, Nov 29, 2017, $1.5M — Highland Capital Partners, Notation, Underscore VC

## Investors

- Highland Capital Partners (https://capitalatlas.ai/funds/highland-capital-partners) — Seed
- Notation (https://capitalatlas.ai/funds/notation) — Seed
- Underscore VC (https://capitalatlas.ai/funds/underscore-vc) — Seed
- Akamai Technologies, Inc. — Seed
- Dell Technologies Capital (https://capitalatlas.ai/funds/dell-technologies-capital) — Seed
- DG Daiwa Ventures (https://capitalatlas.ai/funds/dg-daiwa-ventures) — Seed