How Much Did ShardSecure Raise?
Funding & Key Investors

ShardSecure, a pioneer in advanced data privacy solutions, has successfully secured a total of $11.1M in capital to accelerate its market expansion. This recent strategic investment of $11M underscores the growing demand for robust, cloud-native security architectures that address the complexities of modern data protection. By leveraging this influx of financing, the company is well-positioned to scale its operations and further refine its proprietary technology stack for enterprise clients globally.

What is ShardSecure?

ShardSecure
SoftwareSecurity Software

Headquartered in New York City, ShardSecure is redefining the data security landscape through its innovative Microshard technology. Unlike traditional encryption methods, this solution fragments data into single-digit bytes, distributing them across disparate cloud environments to ensure that no single location holds sensitive information. This approach provides a unique defense-in-depth strategy, effectively neutralizing the risk of data breaches while maintaining high performance. ShardSecure serves a diverse clientele across the healthcare, financial services, and technology sectors, facilitating secure cloud migration and ensuring stringent regulatory compliance for organizations managing highly sensitive information.

How much funding has ShardSecure raised?

ShardSecure has raised a total of $11.1M across 2 funding rounds:

2021

Debt

$61K

2022

Series A

$11M

Debt (2021): $61K with participation from PPP

Series A (2022): $11M led by KPMG, EPIC Ventures, Tom Noonan, Gula Tech Adventures, Grotech Ventures, and Industrifonden

Key Investors in ShardSecure

KPMG

KPMG is a global professional services firm providing audit, tax, and advisory services, often acting as a strategic partner for large-scale enterprise technology adoption.

EPIC Ventures

EPIC Ventures is a venture capital firm specializing in high-growth startups, providing strategic guidance and resources to help early-stage companies scale effectively.

Gula Tech Adventures

Gula Tech Adventures is a specialized investment firm focused on cybersecurity and national security, supporting innovative startups that address critical digital infrastructure challenges.

What's next for ShardSecure?

With the backing of major institutional investors, ShardSecure is poised to transition from its current growth phase into a broader enterprise-level deployment strategy. The company intends to utilize this capital to enhance its R&D capabilities, focusing on the integration of Microshard technology into complex, multi-cloud infrastructures. As organizations continue to prioritize data sovereignty and privacy, ShardSecure's ability to provide zero-sensitivity storage positions it as a critical player in the cybersecurity ecosystem. Future initiatives will likely focus on expanding its footprint in international markets and deepening partnerships with global cloud service providers to streamline secure data management for large-scale enterprises.

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Frequently Asked Questions Regarding ShardSecure Financial Insights

What are the most recent funding rounds that ShardSecure has completed, and what were the funding rounds?
ShardSecure has recently completed 2 funding rounds: Series A on May 25, 2022, Debt on Feb 20, 2021.
What is the total amount of funding ShardSecure has raised to date?
ShardSecure has raised a total of $11.1M in funding to date.
How many funding rounds has ShardSecure completed?
ShardSecure has completed 2 funding rounds.
How much funding did ShardSecure raise in its most recent funding round?
ShardSecure raised $11M in its most recent funding round.
Who are the lead investors in ShardSecure's latest funding round?
The lead investor in ShardSecure's latest funding round was KPMG. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in ShardSecure's history?
The largest funding round in ShardSecure's history was $11M.
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