# Ubiq Security

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ubiq-security

- Industry: IT Security/Cybersecurity
- Headquarters: San Diego, US
- Website: www.ubiqsecurity.com
- Total disclosed funding: $6.4M
- Latest round: Seed (Nov 19, 2020)
- Investors on record: 6

## About

Ubiq Security, Inc. specializes in identity-driven data security solutions, offering advanced protection for sensitive information to ensure that only authorized users can access encrypted and tokenized data within their systems.Founded in 2012 and headquartered in San Diego, US, Ubiq Security, Inc. provides essential data protection services. The company was established by Eric Tobias, who has a history of founding other enterprises. Ubiq Security has engaged in one funding deal, raising USD 6.4 mn in Seed funding on November 19, 2020, led by Okapi Venture Capital and supported by various investors including Alexandria Venture Investments and DLA Piper.Ubiq Security offers a comprehensive identity-driven data security platform designed to provide robust protection for sensitive information at the record or file level. This platform employs existing Identity and Access Management (IAM) policies to ensure that only authorized identities can access encrypted, tokenized, or masked data, effectively minimizing the risk of exposure during access or sharing. The core functionalities abstract complex encryption, tokenization, masking, and key management into a straightforward API call, allowing quick integration with various applications and databases. Ubiq’s services benefit enterprises seeking to enhance cloud data protection, comply with regulatory standards, and secure development operations. The company serves organizations across various sectors, extending its operations into North America and Europe, where data protection regulations are stringent.Ubiq Security generates revenue primarily through subscription-based models, allowing clients to access its suite of data protection services. Customers typically engage with Ubiq by subscribing to plans that include features such as encryption, tokenization, and masking tailored to their specific needs. The company structures its pricing around both no-code and code-based integrations, catering to a range of industries, including finance, healthcare, and technology. This model facilitates ongoing transactions as clients renew their subscriptions annually or semi-annually. Ubiq's flagship offerings focus on identity-based encryption and compliance solutions, positioning the company competitively within the data security market.Ubiq Security intends to leverage the USD 6.4 mn raised in Seed funding to support the development of new products aimed at enhancing its data security offerings. The company is also exploring expansion into new geographic markets, specifically targeting additional regions in Europe and Asia by mid-2022. This strategic approach aims to enhance their market presence and address increasing global demand for data protection solutions.

## Funding rounds

- Seed, Nov 19, 2020, $6.4M — Alexandria Venture Investments, Okapi Venture Capital, DLA Piper, TenOneTen Ventures, Volta Global, Cove Fund

## Investors

- Alexandria Venture Investments (https://capitalatlas.ai/funds/alexandria-venture-investments) — Seed
- Okapi Venture Capital (https://capitalatlas.ai/funds/okapi-venture-capital) — Seed
- DLA Piper — Seed
- TenOneTen Ventures (https://capitalatlas.ai/funds/tenoneten-ventures) — Seed
- Volta Global (https://capitalatlas.ai/funds/volta-global) — Seed
- Cove Fund (https://capitalatlas.ai/funds/cove-fund) — Seed