What is Baffle?
Baffle, headquartered in Santa Clara, California, offers a modern, data-centric encryption and advanced data protection solution. Its technology is specifically engineered for distributed and cloud-native environments, catering to the needs of DevOps and microservices architectures. The company's core mission is to simplify the complexities of enterprise encryption, making robust data security accessible and manageable for businesses operating in today's dynamic tech landscape.
How much funding has Baffle raised?
Baffle has raised a total of $35.5M across 5 funding rounds:
Angel/Seed
$500K
Unspecified
$3M
Series A
$6M
Series A
$6M
Series B
$20M
Angel/Seed (2015): $500K with participation from Engineering Capital
Unspecified (2016): $3M led by Engineering Capital, Antecedent Ventures, and True Ventures
Series A (2018): $6M supported by Industry Ventures, Envision Ventures, ServiceNow, Thomvest Ventures, True Ventures, and Engineering Capital
Series A (2019): $6M featuring Industry Ventures and Alumni Ventures
Series B (2021): $20M backed by National Grid Partners, Celesta Capital, Lytical Ventures, and Nepenthe Capital
Key Investors in Baffle
National Grid Partners
National Grid Partners invests in technologies that address current challenges and shape future energy systems, acting as a bridge between entrepreneurs and utilities for innovative energy solutions.
Celesta Capital
Celesta Capital is an investment firm that focuses on technology and innovation, backing companies that are poised to disrupt their respective markets.
Lytical Ventures
Lytical Ventures is a venture capital firm specializing in cybersecurity, data analytics, and AI, focusing on early-stage companies providing essential technologies for enterprise survival.
What's next for Baffle?
The recent major strategic investment signals a new phase of growth and development for Baffle. This substantial capital infusion is expected to accelerate product innovation, expand market reach, and further solidify Baffle's position as a leader in enterprise encryption. The company is poised to enhance its offerings for distributed systems and cloud-native applications, likely focusing on scaling its operations and deepening its technological capabilities to meet the escalating demand for advanced data protection in the enterprise sector.
See full Baffle company page
