Antimatter, a startup specialising in data security for SaaS applications, has come out of a period of stealth to raise a $12m Series A.
The round saw investment from NEA, General Catalyst, UNION Labs and a range of angel investors.
Founded in 2020, Antimatter enables B2B software-as-a-service to guarantee where their customer data can be accessed and by whom – meeting customers residency, governance and tenancy requirements easily.
The company offers an infrastructure solution that leverages secure enclaves available in all major clouds, requiring no changes to code to transparently encrypt all customer data.
According to Antimatter, the firm plans to use the new investment to expand its engineering team to continue the development of its full-scale infrastructure solution.
Antimatter co-founder and CTO Michael Andersen said, “Our vision is to give people and companies control over their data no matter where it is in any application, and we are making that happen by building the next primitives of identity, trust, and privacy for the future internet.”
Copyright © 2022 FinTech Global