Baffle Raises $20M In Series B To Protect Cloud Data With Celesta Capital As Lead Investor
PRIVATEAug 16, 2021
Amount Raised
$20 Million
Round Type
Series B
Santa Clara
Description
Baffle, Inc., a cloud data protection company, today announced that it has raised $20 million in Series B funding led by new investor Celesta Capital, with contributions from National Grid Partners, Lytical Ventures and Nepenthe Capital, and follow-on investments from True Ventures, Greenspring Associates, Clearvision Ventures, Engineering Capital and Triphammer Ventures.
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Company Information
Company
Baffle
Location
Santa Clara, California, United States
About
The startup says its goal is to make data breaches “irrelevant” by efficiently encrypting data wherever it may be, so that even if there is a security breach, the data will be unavailable and unusable by hackers. “Most encryption is misapplied, and quite frankly, doesn’t do anything to protect your data,” the startup claims. The company claims it stores records belonging to the top 5 global financial services companies and five of the top 25 global companies. Baffle was founded in 2015 to help thwart the increasing threats to enterprise assets in public and private clouds.
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Santa Clara