What is Commonwealth Crypto?
Commonwealth Crypto Inc. is a venture-backed cybersecurity firm founded by Sharon Goldberg, a computer science professor at Boston University, and Ethan Heilman, a PhD candidate and author of privacy protocols. Initially operating in the blockchain sector as Arwen, the company is now pivoting its cybersecurity innovations to a new product focused on cloud infrastructure. This new offering aims to enhance developer productivity and security when accessing cloud resources, employing a unique next-generation cybersecurity model. The product provides a modern web-based experience for shell access to servers, incorporating features such as history, search, collaboration, and server autodiscovery.
How much funding has Commonwealth Crypto raised?
Commonwealth Crypto has raised a total of $1.5M across 1 funding round:
Angel/Seed
$1.5M
Angel/Seed (2017): $1.5M with participation from Highland Capital Partners, Underscore VC, and Notation Capital
Key Investors in Commonwealth Crypto
Highland Capital Partners
Highland Capital Partners is a venture capital firm with a strong track record in supporting innovative startups, managing significant assets and focusing on long-term partnerships with entrepreneurs.
Underscore VC
Underscore VC is an early-stage venture capital firm specializing in B2B software, employing a collaborative investment model to back bold founders globally, with a focus on enterprise software, AI, and security.
Notation Capital
Notation Capital is a venture fund that focuses on providing initial capital and support to very early-stage technical teams, particularly in the New York area, assisting them with go-to-market strategies and scaling.
What's next for Commonwealth Crypto?
The recent major strategic investment signals a pivotal growth phase for Commonwealth Crypto, likely enabling the company to scale its operations and further develop its cloud security product. This capital infusion is expected to accelerate market penetration and enhance its competitive position in the cloud infrastructure security space. The company's focus on improving developer productivity and security through innovative cybersecurity models positions it for significant expansion.
See full Commonwealth Crypto company page