What is Sotero?
Founded in 2017 and headquartered in Burlington, Massachusetts, Sotero provides a comprehensive data protection platform. It offers robust encryption for data at rest, in motion, and in use, extending its security capabilities to both on-premise and cloud data stores. Sotero's solutions are designed for enterprise, SaaS, and data platform providers, enabling them to secure operational databases, facilitate secure cloud data access, and enable safe data analysis and sharing across borders and with partners. The company's focus on universal data protection positions it as a key player in the cybersecurity landscape, addressing critical needs for data integrity and privacy.
How much funding has Sotero raised?
Sotero has raised a total of $1.3M across 1 funding round:
Angel/Seed
$1.3M
Angel/Seed (2022): $1.3M with participation from Boston Seed Capital, OurCrowd, Gutbrain Ventures, and PBJ Capital
Key Investors in Sotero
Boston Seed Capital
Boston Seed Capital is a seed-stage venture firm based in Boston, specializing in early-stage companies across consumer, B2B SaaS, and infrastructure sectors, providing practical support from pre-seed to scale.
OurCrowd
OurCrowd is an investment platform founded in 2013, enabling accredited investors and institutions to invest in startups, early-stage companies, and venture funds, with operations based in Israel.
Gutbrain Ventures
Gutbrain Ventures is an independent venture firm led by Bob Davoli, specializing in investments primarily in enterprise software companies, with a deep understanding of market dynamics and technology.
What's next for Sotero?
With the recent major strategic investment, Sotero is poised for significant growth and further development of its universal data protection platform. This capital injection will likely fuel advancements in its encryption technologies and expand its market reach, particularly within enterprise and SaaS sectors. The company's focus on securing data across all states—at rest, in motion, and in use—positions it to address evolving cybersecurity threats and regulatory demands. Sotero's strategic backing indicates a strong market validation and provides the resources necessary to scale operations and enhance its competitive edge in the data security market.
See full Sotero company page
