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Antimatter Announces $12M Series A Led By Nea And First Cryptographic Infra Solution For Data Security

Mar 31, 2022over 3 years ago

Amount Raised

$12 Million

Round Type

series a

Oakland

Description

Antimatter, the world's first provable data security for SaaS applications, today announced its emergence from stealth along with $12M in Series A funding led by NEA with participation from General Catalyst, UNION Labs, and the founders of Snowflake, Okta, Dropbox, VMware, Segment, and Databricks. Antimatter will use this round to accelerate the hiring of its world-class engineering team as the company continues development of their full-scale infrastructure solution. Early access to this beta solution is being offered to a select group of design partners.

Company Information

Company

Antimatter

Location

Oakland, California, United States

About

Antimatter is a cryptographic infrastructure service enabling B2B SaaS companies to provably guarantee the security of their customers' data, fundamentally solving the challenges of data security and privacy requirements without requiring any changes to code. https://antimatter.io

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech