What is ShardSecure?
Headquartered in New York City, ShardSecure is a pioneering force in the data security industry. The company specializes in Microshard technology, a unique solution that fragments data into single-digit bytes and distributes them across disparate cloud environments. This approach effectively renders data sensitivity obsolete, providing a robust layer of security that functions independently of traditional encryption methods. By ensuring that data remains secure during migration and storage, ShardSecure enables organizations to maintain compliance and operational performance without compromise. The company's market position is bolstered by its focus on solving the complex challenges of cloud-native data privacy, making it an essential partner for enterprises navigating the complexities of digital transformation.
How much funding has ShardSecure raised?
ShardSecure has raised a total of $11.1M across 2 funding rounds:
Debt
$61K
Series A
$11M
Debt (2021): $61K with participation from PPP
Series A (2022): $11M led by EPIC Ventures, Tom Noonan, Gula Tech Adventures, KPMG, Grotech Ventures, and Industrifonden
Key Investors in ShardSecure
Gula Tech Adventures
Gula Tech Adventures is a specialized investment firm focused on cybersecurity and national security, providing capital and strategic support to startups nearing significant market valuation.
KPMG
KPMG is a global professional services network that provides comprehensive advisory, risk management, and cybersecurity consulting to help organizations navigate complex digital transformations.
Grotech Ventures
Grotech Ventures is an investment firm that partners with high-potential technology companies outside of Silicon Valley, focusing on sustainable growth and market-transforming innovations.
What's next for ShardSecure?
With the recent influx of capital, ShardSecure is poised to deepen its investment in research and development, specifically targeting the refinement of its Microshard architecture to support even more complex cloud-native environments. The strategic roadmap includes expanding its footprint in global markets and strengthening its partnerships with major cloud service providers. By focusing on high-growth sectors such as financial services and healthcare, the company aims to solidify its status as a standard-bearer for data privacy. Future initiatives will likely center on scaling its go-to-market strategy and enhancing its suite of compliance-focused security tools to meet the evolving regulatory requirements of its enterprise clientele.
See full ShardSecure company page
