Keyavi Data Raises $13M Series A to Meet Accelerating Cybersecurity Market Demand for Self-Protecting Data Technology

DURANGO, Colo.–(Business WIRE)–Aug 3, 2022–

Keyavi Information Corp., a cybersecurity solution company whose proprietary systems secure companies from interior and exterior facts decline and intrusion, now introduced that it has lifted $13 million in Sequence A funding.

This push release functions multimedia. View the whole launch listed here: https://www.businesswire.com/news/house/20220803005890/en/

Keyavi Data now declared the shut of a $13 million Collection A spherical of funding. The enterprise is redefining knowledge security by upending the industry’s notions of what cybersecurity need to actually be. (Graphic: Company Wire)

As corporations more and more depend on electronic info to run their enterprise, info-centric protection is speedily evolving. Keyavi’s patented technologies infuses intelligence instantly into data—adding levels of coverage-based mostly protection that fortify each file. Keyavi guards details during its lifecycle: at-relaxation, in-transport, and when in-use via indigenous programs. This technologies enables data owners to share data files via any technique, with the self-confidence of figuring out fundamental protection is embedded, throughout all file copies, wherever that facts travels, in perpetuity.

In accordance to Allied Current market Analysis, the international information protection market is anticipated to hit $54.2 billion by 2027. With frustrating consumer demand from customers for innovative abilities involving encryption, zero-have faith in, stability and details defense, Keyavi is ideally positioned to capitalize on new opportunities for sustained progress throughout market sectors. Proceeds will be made use of to fuel Keyavi’s hyper growth, which include growth into new markets and the acquisition of skilled-stage talent, which include engineering to further guidance shopper demand.

“Keyavi is primary the way in redefining the cybersecurity landscape, carving the upcoming of self-safeguarding, smart and self-knowledgeable details security. Our system offers a basic paradigm change from typical knowledge defense technologies that will safe details for corporations throughout all industries. We are thrilled at the options for development that are enabled by our investors’ ongoing rely on and dedication,” reported Elliot Lewis, CEO of Keyavi.

Chief Tactic Officer Todd Demko added, “Tremendous interest in Keyavi’s engineering and strong economic backing by investors positions the organization for ongoing innovation and world-wide current market disruption. Keyavi redefines facts security by upending the industry’s notions of what cybersecurity must actually be.”

The Sequence A financing, plus an $8.3 million seed round that closed in early 2021, provides full company funding to $21.3 million.

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About Keyavi Info Corp.

Headquartered in Durango, Colorado, Keyavi’s self-defending, smart and self-aware cybersecurity technology enables an personal piece of info to assume for by itself safe by itself control exactly where, when and who is authorized to entry it refuse accessibility to unauthorized buyers remain constantly informed of its environment and instantly report back again to its owner – with all these abilities designed into the details itself. The company’s API system and a whole suite of apps driving on that system also deliver facts homeowners with potent controls to let, revoke or deny accessibility to their info – no make any difference who has it, on any system or unit, regardless of how lots of copies exist. Below development for several years before launching in 2020, this award-profitable, multi-patented engineering is so exclusive and ground breaking that foremost marketplace analyst firm Omdia selected “self-safeguarding data solutions” as a new cybersecurity sector category, with Keyavi as the distinct chief. Keyavi’s effortless-to-use but strong option provides the top in peace of intellect for general public and private organizations, their remote workforces and spouse ecosystems in resolving the safety challenges of managing private and intellectual residence from data leaks, breaches and ransomware. To master more about Keyavi and its breakthrough technologies, pay a visit to https://keyavi.com/our-engineering/. Abide by Keyavi on LinkedIn, Twitter and Vimeo utilizing the @KeyaviData handle and hashtag #Keyavi. Keyavi Knowledge TM and Intelligent Listing TM are emblems of Keyavi Facts Corp. All legal rights reserved.

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PUB: 08/03/2022 03:08 PM/DISC: 08/03/2022 03:08 PM

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