# Cryptosense

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cryptosense

- Industry: IT Security/Cybersecurity
- Headquarters: Paris, France
- Website: www.cryptosense.com
- Total disclosed funding: $5.6M
- Latest round: Series B (Jun 24, 2021)
- Investors on record: 4

## About

Cryptosense SA is a Paris-based cybersecurity firm focused on enhancing cryptographic technologies and solutions for businesses and government institutions.Founded in 2013, Cryptosense SA is dedicated to improving cryptography for various applications. The company underwent a strategic acquisition by SB Technology, Inc. in September 2022 to expand its capabilities in Post-Quantum Cryptography. The firm operates out of Paris, France, and was founded by Riccardo Focardi, who has a history of involvement in various tech startups. In its operations, Cryptosense has completed a total of 3 notable deals, with the most recent funding event being a Series B round in 2022, led by Amadeus Capital Partners, raising EUR 4.033 mn and bringing the total amount raised to EUR 4.033 mn and a current company valuation of EUR 12.343 mn.Cryptosense SA specializes in cryptographic solutions that enhance security for government institutions and corporations. Their offerings include advanced tools and consulting services focused on cryptographic analysis and implementation, which are essential for organizations looking to bolster their cybersecurity measures.As part of its growth strategy following its acquisition in September 2022, Cryptosense SA aims to enhance its Post-Quantum Cryptography solutions, broadening their adoption among corporations and government institutions globally. The recent funding from the Series B round will be instrumental in accelerating product development and expanding their market presence, with particular focus on North America and Europe. The integration with SB Technology, Inc. is expected to leverage synergies to enhance service offerings by the end of 2023.

## Funding rounds

- Series B, Jun 24, 2021, $4.8M — Amadeus Capital Partners, Elaia Partners, BGV, IT-Translation
- Series A, Feb 11, 2015, $0.8M — Elaia Partners, IT-Translation

## Investors

- Elaia Partners (https://capitalatlas.ai/funds/elaia-partners) — Series A, Series B
- IT-Translation (https://capitalatlas.ai/funds/it-translation) — Series A, Series B
- Amadeus Capital Partners (https://capitalatlas.ai/funds/amadeus-capital-partners) — Series B
- BGV (https://capitalatlas.ai/funds/bgv) — Series B
