Sotero
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Sotero

https://www.soterosoft.com/
Last activity: 12.05.2023
Tags:AnalyticsAppBusinessDataITPlatformProductSecurityTechnologyTools
Sotero was founded with the conviction that a gap in today’s data protection approach is leaving organizations highly vulnerable, and set out to address this dilemma. The gap is that data is unprotected “in use” and existing data protection products focus on protection when data is “not in use”. Coupled with the security dilemma, organizations grapple with meeting stringent privacy requirements. Traditionally, organizations have viewed security and privacy as two separate challenges. However, Purandar Das and Shanthi Boppana understood from the beginning that one cannot achieve data privacy without a strong security foundation. That security foundation should start with data protection and create a framework that enables complete control over privacy, compliance, auditability, and governance. While most data protection tools start by securing the technology, Sotero’s technology starts by securing the data. Purandar Das and Shanthi Boppana founded Sotero with a conviction that today’s data protection is insufficient, thereby leaving enterprise organizations highly vulnerable. With decades of experience in leading some of the world’s largest data and analytics organizations, they experienced first-hand how the ability to monetize data is limited by the risks of data theft and loss. Eliminating the possibility of data loss leads to additional opportunities for data in a secure manner. Reimagining data security as the innovation driver to propel organizations towards revenue, the founders set out to create an encryption solution focused on keeping the organization’s most valuable asset - the data secure and private throughout its lifecycle.
Location: United States, Massachusetts, Burlington
Member count: 11-50
Total raised: $13M
Founded date: 2017

Investors 3

Funding Rounds 2

DateSeriesAmountInvestorsDeal News
20.07.2022Seed$8MOurCrowdaithority....
22.07.2020-$5M-vcnewsdail...

Mentions in press and media 14

DateTitleDescriptionSource
12.05.2023Sotero Announces Partnership with Space and TimeSotero, the leader in revolutionary data security, announced their partnership with Space and Time, ...aithority....
07.12.2022Why data-in-use encryption is essential to data security, Va...Check out the on-demand sessions from the Low-Code/No-Code Summit to learn how to successfully innov...venturebea...
26.07.2022Sotero Closes $8 Million Seed Extension Funding Round to Sup...Sotero, the leader in revolutionary data security, announced an $8 Million extension of their seed r...aithority....
26.07.2022Sotero Closes $8M Seed Extension FundingSotero Co-founders, CTO Shanthi Boppana & CEO Purandar Das Sotero, a Burlington, MA-based data ...finsmes.co...
25.07.2022Sotero Closes $8M Seed Extension BURLINGTON, MA, Sotero, a leader in data security, announced an $8 Million extension of their seed...vcnewsdail...
20.07.2022Protecting data at rest, in transit, and under query, Sotero...We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 - 28. Join AI an...venturebea...
22.06.2021Sotero Expands Its Executive Team By Appointing Brian Hartpe...Sotero, the leading next-generation data encryption provider, announced the expansion of its leaders...aithority....
21.06.2021Sotero Expands Its Executive Team by Appointing Brian Hartpe... BOSTON, June 21, 2021 /PRNewswire/ -- Sotero, the leading next-generation data encryption provider...prnewswire...
09.03.2021Sotero’s Strong Market Momentum Continues with Revenue Growt...Sotero “Our customers can confidently use, share, and store their data without worry that data will ...prweb.com/...
02.03.2021Malaysia Airlines discloses frequent flyer data breach that ...Malaysia Airlines Berhad has disclosed a data breach that involved the theft of data from its freque...siliconang...
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