# ShardSecure

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

- Industry: IT Security/Cybersecurity
- Headquarters: New York, US
- Website: www.shardsecure.com
- Total disclosed funding: $14M
- Latest round: Series A (Apr 22, 2022)
- Investors on record: 7

## About

ShardSecure, Inc. delivers advanced data security solutions that protect sensitive information across environments through innovative encryption technology. The company addresses critical challenges in data security, including data protection against unauthorized access and cyber threats.ShardSecure, Inc. is a cybersecurity firm focused on data protection, founded in 2019 and headquartered in New York, US. The company has raised a total of USD 13.6 mn, with its latest funding round, Series A, occurring on April 22, 2022, led by Grotech Ventures. The founders, Bob Lam and Jesper Tohmo, have experience in technology and cybersecurity, with Bob Lam serving as the current CEO.ShardSecure® provides a suite of data security solutions that utilize Microshard technology for agentless encryption, ensuring sensitive data remains protected across on-premises, cloud, and multi-cloud environments. The company caters to various sectors, including financial services, healthcare, and biotech, implementing tailored solutions to meet diverse data protection needs. ShardSecure primarily markets its offerings in North America, Europe, and parts of Asia.ShardSecure operates on a subscription-based revenue model, granting clients access to its Microshard technology and associated services. The firm engages directly with organizations looking to enhance their data protection strategies through various service tiers, which may include features like ransomware protection and compliance support. Exact pricing details are not publicly disclosed, but the company's revenue structure fosters strong client relationships, ensuring ongoing support and updates in an evolving cybersecurity landscape.With the recent Series A funding of USD 13.6 mn, ShardSecure plans to advance product development and integrate third-party products while expanding its sales and marketing efforts in North America and Europe. The funding will support new product launches and geographic expansions aimed at increasing market presence, targeting specific sectors where data security is paramount.

## Funding rounds

- Series A, Apr 22, 2022, $14M — Grotech Ventures, Gula Tech Adventures
- Seed, Mar 3, 2020 — Industrifonden
- Seed, Dec 12, 2019 — 500 Global, SineWave Ventures, Everywhere Ventures, CTM Insights

## Investors

- 500 Global (https://capitalatlas.ai/funds/500-global) — Seed
- SineWave Ventures (https://capitalatlas.ai/funds/sinewave-ventures) — Seed
- Everywhere Ventures (https://capitalatlas.ai/funds/everywhere-ventures) — Seed
- CTM Insights — Seed
- Industrifonden (https://capitalatlas.ai/funds/industrifonden) — Seed
- Grotech Ventures (https://capitalatlas.ai/funds/grotech-ventures) — Series A
- Gula Tech Adventures (https://capitalatlas.ai/funds/gula-tech-adventures) — Series A