USA – Titaniam, Inc., a Los Gatos, CA-based data protection and privacy company, closed a $6m seed funding.
The round was led by Refinery Ventures with participation from Fusion Fund, Shasta Ventures, Ray Rothrock, Richard Clarke, and Dale Fuller, Refinery Venture’s most recent Venture Partner, among others.The company intends to use the funds for sales expansion and further product innovations.Led by Arti Raman, Founder and CEO, Titaniam provides a platform that renders data immune to ransomware, cyberattacks, extortion, insider threats, accidental exposure, and any data-related cyber event. In addition to encryption, the company provides critical visibility into data that was accessed, observed, or exfiltrated. The platform also provides granular field-level documentation certifying that throughout the attack, the protected data retained strong encryption, regardless of access privilege. This neutralizes any data-related leverage ransomware attackers could gain, which saves the enterprise from extortion, regulatory penalties, notification costs.Titaniam is used by regulated enterprises, SaaS providers, and product vendors who demand Zero Trust Data Security.11/02/2022