Canadian data security startup Qohash this week announced it raised CAD 8 million (approximately USD $6.3 million) in Series A funding. The financing was led by FINTOP Capital.
Founded in 2018, the Quebec-based company provides customers with solutions focused on data discovery and classification, helping enterprises monitor data across their environments. Furthermore, it offers integrity assurance, to help protect data and business processes.
Qohash sells the Qostodian SAAS platform for organizations to keep track of data flows and identify high-risk situations in real-time. The company also offers the Qohash Recon on-premise platform, which helps finding and classifying sensitive data on network drives and servers.
The data security company says it plans to expand its operations across North America.
“Customers want data protection that can evolve to meet new challenges. Qohash’s solutions are easy to deploy and cover on-premise and cloud-based sources. Working with security-conscious, industry-leading firms, Qohash has helped them achieve their goals faster and with greater flexibility,” Qohash CEO Jean Le Bouthillier said in a statement.
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