Data security startup Code-X this week emerged from stealth mode, announcing the launch of its lattice-based data protection platform and a $5 million Series A funding round led by By Light Professional IT Services, with participation from fama Ventures.
The St. Petersburg, Florida-based company aims to provide a new approach to securing sensitive information by protecting data from the moment of creation throughout its entire lifecycle.
Using lattice-based technology, the Code-X platform focuses on “structuring, networking, authentication, management, and monitoring of data and systems in real-time,” to prevent data loss.
The platform is designed to help customers detect tampering or theft attempts in real-time. The solution also offers alert and alarm systems, forensics, real-time audit logging, and user management capabilities.
The company says its platform has received validation from the United States Department of Defense (DoD), proving it can protect data and critical systems across multiple environments at the same time.
“The Code-X platform is purpose-built to ensure highly regulated organizations can authenticate and trust that their data and systems are secure. Our combination of proprietary technology and lattice equations make the Code-X platform the first-ever efficient, lattice-based security solution that helps organizations reverse the trend of malicious toolsets being on a parallel path with the advancement of technology,” Darren LaCroix, founder and CEO of Code-X, said.
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