# eXate Technology

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/exate-technology

- Industry: Software
- Headquarters: London, UK
- Website: www.exate.com
- Total disclosed funding: $3.1M
- Latest round: Seed (Aug 25, 2020)
- Investors on record: 3

## About

eXate Technology Limited is a data privacy and protection firm that provides a distributed software platform focused on dynamic Attribute Based Access Control (ABAC) to ensure secure data management.Founded in 2015 and headquartered in London, UK, eXate Technology Limited specializes in data privacy solutions. The company was co-founded by Peter Lancos and Sonal Rattan. On August 25, 2020, eXate raised GBP 2.30 million in a Seed funding round led by Outward VC, with participation from ING Ventures and TriplePoint Capital, bringing the total amount raised to GBP 2.30 million with a post-money valuation of GBP 9.13 million.eXate offers a distributed software platform focused on data privacy, data protection, and dynamic Attribute Based Access Control (ABAC). Its core products, APIgator and Datagator, are designed to address the multifaceted challenges of data management. APIgator safeguards data in motion by integrating with systems or gateways, thereby ensuring the secure transfer of data through APIs and streaming services. Datagator protects data at rest while facilitating the movement of large datasets across various databases and file types. The company primarily serves enterprise clients in finance, healthcare, and technology sectors, ensuring compliance with evolving data privacy regulations, and its solutions are marketed globally, with engagement in North America, Europe, and parts of Asia.eXate operates on a subscription-based revenue model, where clients engage through a structured subscription system with tiered pricing based on usage levels and specific services. This model provides access to both APIgator and Datagator, along with comprehensive support and policy management tools. The transactions are mainly B2B, involving enterprise customers signing annual contracts for ongoing access. Specific pricing plans are not disclosed, but the subscription structure allows for scalable integration of eXate's solutions to meet diverse organizational needs effectively.eXate Technology Limited aims to leverage its recent Seed funding of GBP 2.30 million, raised in August 2020, to further develop its product offerings and expand into new markets. The company is focused on enhancing its existing software solutions and is exploring opportunities to launch new products that address emerging data privacy challenges. Additionally, eXate plans to target expansion into markets in North America and Europe, aiming to strengthen its presence by the end of 2022.

## Funding rounds

- Seed, Aug 25, 2020, $3.1M — TriplePoint Capital, ING Ventures, Outward VC

## Investors

- TriplePoint Capital (https://capitalatlas.ai/funds/triplepoint-capital) — Seed
- ING Ventures (https://capitalatlas.ai/funds/ing-ventures) — Seed
- Outward VC (https://capitalatlas.ai/funds/outward-vc) — Seed