USA – Sotero, a Burlington, MA-based comprehensive data protection company, raised $5M in funding round.
The round was led by Gutbrain Ventures, with participation from Boston Seed Capital and PBJ Capital. Led by CEO Purandar Das, Sotero provides a data protection platform offering field-level encryption for data in use, data at rest, and data in motion across on-premise and cloud data stores. The company utilizes sophisticated encryption for data in use, including deterministic, random and format-preserving encryption and is also compatible with all on-prem, cloud and hybrid data stores, including Oracle, SQL Server, MySQL, Hadoop, Avalanche, Snowflake, Yellowbrick, Postgres, and MongoDB, and comes with pre-built integrations to leading access and key management solutions. The company already serves as an encryption solution for Yellowbrick Data, the hybrid cloud data warehouse company, as well as for global business transformation experts, Holley Holland, among others. 22/07/2020