Connect with us

Hi, what are you looking for?

SecurityWeekSecurityWeek

Cybersecurity Funding

Data Protection Startup Optery Raises $2.7 Million in Seed Funding

Data protection startup Optery has raised $2.7 million in a seed funding round led by Bayhouse Capital.

Data protection startup Optery this week announced raising $2.7 million in a seed funding round that brings the total raised by the company to $6 million.

The new investment round was led by Bayhouse Capital, with participation from Goodwater Capital, Global Founders Capital, Pioneer Fund, Soma Capital, TRAC, and Y Combinator, among others.

Founded in 2020, the California-based Optery provides users and businesses with free reports that show where personal information has been posted online.

The company also offers automated opt out software to help users remove their personal information – such as addresses, phone numbers, email addresses, and more – from the sites it has been posted to.

For businesses, Optery offers a self-service platform that allows IT teams to reduce the digital footprint of their employees.

By helping users and businesses remove personal information from data broker sites, Optery helps prevent identity theft, phishing, social engineering, spam, and more.

To find users’ information, the company pinpoints data broker sites and takes screenshots of the exposed data. After removing the information, Optery re-scans the sites monthly, to ensure the data has not been reposted.

Related: Fraud Detection Startup Moonsense Raises $4.2 Million in Seed Funding

Advertisement. Scroll to continue reading.

Related: Aadya Raises $5 Million for SMB-Focused Security Platform

Related: Secure Access Startup Sonet.io Emerges From Stealth With $6 Million in Funding

Related: Coro Raises $75 Million for Mid-Market Cybersecurity Platform

Written By

Ionut Arghire is an international correspondent for SecurityWeek.

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.

Join the session as we discuss the challenges and best practices for cybersecurity leaders managing cloud identities.

Register

SecurityWeek’s Ransomware Resilience and Recovery Summit helps businesses to plan, prepare, and recover from a ransomware incident.

Register

People on the Move

Cody Barrow has been appointed as CEO of threat intelligence company EclecticIQ.

Shay Mowlem has been named CMO of runtime and application security company Contrast Security.

Attack detection firm Vectra AI has appointed Jeff Reed to the newly created role of Chief Product Officer.

More People On The Move

Expert Insights

Related Content

Application Security

Cycode, a startup that provides solutions for protecting software source code, emerged from stealth mode on Tuesday with $4.6 million in seed funding.

Data Protection

The cryptopocalypse is the point at which quantum computing becomes powerful enough to use Shor’s algorithm to crack PKI encryption.

Cybersecurity Funding

SecurityWeek investigates how political/economic conditions will affect venture capital funding for cybersecurity firms during 2023.

Artificial Intelligence

The CRYSTALS-Kyber public-key encryption and key encapsulation mechanism recommended by NIST for post-quantum cryptography has been broken using AI combined with side channel attacks.

Cyber Insurance

Cyberinsurance and protection firm Boxx Insurance raises $14.4 million in a Series B funding round led by Zurich Insurance.

Cybersecurity Funding

2022 Cybersecurity Year in Review: Top news headlines and trends that impacted the security ecosystem

Cybersecurity Funding

Network security provider Corsa Security last week announced that it has raised $10 million from Roadmap Capital. To date, the company has raised $50...

Compliance

The three primary drivers for cyber regulations are voter privacy, the economy, and national security – with the complication that the first is often...