22. Oktober 2020Deals & Cases

Deal-Ticker: Decentriq recently completed its $3.8 million seed round


Decentriq, the enterprise data security expert, recently completed its $3.8 million seed round, led by btov Partners, with significant participation from Paladin Capital Group and existing investor Atlantic Labs. The investment is intended to drive international growth and to widen the client base.

The Kellerhals Carrard Startup Desk was glad to assist in this transaction with a team led by Nicolai Nuber and Karim Maizar, with support by Dario Silberschmidt, Gentiana Shabanaj and Lena Plank. Congratulations to the team!

Decentriq's cloud-based platform enables enterprises to access sensitive data – which falls under GDPR or is strategically important – in a confidential and protected environment. Organizations can also apply external machine learning models to their internal datasets. This enables organizations to manage, analyze and share their data within minutes, without needing to trust a third party, and in compliance with privacy requirements as the data is also encrypted while being in use.

 

Watch this video to learn more about Decentriq.

Read more here.

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