# ISARA Corporation

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

- Industry: IT Security/Cybersecurity
- Headquarters: Waterloo, Canada
- Website: www.isara.com
- Total disclosed funding: $22M
- Latest round: Series A (Nov 19, 2018)
- Investors on record: 2

## About

ISARA Corporation is a cybersecurity firm focused on providing advanced cryptographic solutions designed to combat the challenges of quantum computing. Their tools help organizations safeguard data integrity and secure communications.Founded in 2015, ISARA Corporation operates from Waterloo, Canada, specializing in quantum-safe cryptographic solutions. The company was established by Augustin Woronoff and has engaged in three notable funding deals, with the latest being a Grant of CAD 7.2 million from Innovation, Science and Economic Development Canada in April 2019, totaling CAD 10.0 million raised.ISARA Corporation develops advanced cryptographic solutions tailored for the challenges of quantum computing. Their core products include ISARA Advance®, a Cryptographic Inventory and Risk Assessment Tool, and ISARA Radiate™, a quantum-safe toolkit for integrating quantum-resistant algorithms. Additionally, ISARA offers ISARA Catalyst™ products such as Crypto Agile PKI and Quantum-safe TLS, aimed at assisting enterprises in adopting new cryptographic standards. Their clientele includes large enterprises and government agencies across North America and Europe.ISARA Corporation generates revenue primarily through B2B transactions, with a subscription-based model for their products and services. Their revenue streams include licensing fees for proprietary tools, consulting for crypto-agile strategies, and support for quantum-safe technology transitions. Customers benefit from a modular pricing approach, allowing tailored selections of tools based on their security needs, fostering long-term partnerships.ISARA Corporation plans to leverage its recent funding of CAD 7.2 million received in April 2019 to enhance product development and expand market reach. The company is focused on launching new quantum-safe products and entering additional markets across Europe and Asia by 2023. The funding will support research and development initiatives aimed at addressing emerging cybersecurity threats and extending their service offerings.

## Funding rounds

- Series A, Nov 19, 2018, $10M — Shasta Ventures
- Seed, Mar 1, 2015, $12M — Quantum Valley Investments

## Investors

- Quantum Valley Investments (https://capitalatlas.ai/funds/quantum-valley-investments) — Seed
- Shasta Ventures (https://capitalatlas.ai/funds/shasta-ventures) — Series A