Virtual Event: Threat Detection & Incident Response Summit - Watch Now
Connect with us

Hi, what are you looking for?

SecurityWeekSecurityWeek

Cloud Security

Data Management Provider Skyflow Raises $17.5M

Data management and governance provider Skyflow this week announced a new $17.5 million Series A financing round, bringing the total raised by the company to date up to $25 million. 

Data management and governance provider Skyflow this week announced a new $17.5 million Series A financing round, bringing the total raised by the company to date up to $25 million. 

The new financing round was led by Canvas Ventures. Previously, Skyflow raised $7.5 million in a seed round led by Foundation Capital. 

Founded in 2019, Skyflow is focused on simplifying the manner in which organizations access, manage, and govern customer data. The company offers a zero-trust data vault powered by so-called polymorphic encryption (leverages latest tokenization and encryption algorithms). 

The company also provides an API for developers looking to build apps without having to worry about compliance, privacy, or data security. 

Skyflow said the new funds will drive new sales and marketing initiatives.

Related: EclecticIQ Closes $24 Million Series C Funding Round

Advertisement. Scroll to continue reading.

Related: FireMon Secures $40 Million Debt Financing

Related: Banking Cybersecurity Provider DefenseStorm Raises $19 Million 

Written By

Ionut Arghire is an international correspondent for SecurityWeek.

Daily Briefing Newsletter

Subscribe to the SecurityWeek Email Briefing for the latest cybersecurity threats, trends, and expert insights.

Click to comment

Trending

Daily Briefing Newsletter

Subscribe to the SecurityWeek Email Briefing to stay informed on the latest threats, trends, and technology, along with insightful columns from industry experts.

Delve into big-picture strategies to reduce attack surfaces, improve patch management, conduct post-incident forensics, and tools and tricks needed in a modern organization.

Register

Organizations are investing heavily in third-party risk management, but breaches, delays, and blind spots continue to persist. Join this live webinar as we examine the gap between how organizations think their third-party risk programs are performing and what’s actually happening in practice.

Register

People on the Move

Joe Chen has become Chief Technology Officer at Trellix.

Usercentrics has named Pawan Hegde as COO and Elena Ignatova as CPTO.

SecureAuth has named Mark van Oppen as Chief Revenue Officer.

More People On The Move

Expert Insights

Daily Briefing Newsletter

Subscribe to the SecurityWeek Email Briefing to stay informed on the latest cybersecurity news, threats, and expert insights. Unsubscribe at any time.