evervault’s Series A
A note to the evervault community
When most of us think of data privacy, we envision an alphabet soup of regulation and legislation — the complexity of which is dizzying. At evervault, we believe that data privacy isn’t a regulatory problem; it’s a technology problem.
There are now over 4.5 billion people connected to the internet, but none of them have true data privacy. We’re building the API for data privacy, starting with privacy cages — allowing software developers to process your most sensitive data in a fundamentally better, simpler and secure way.
Today, I’m delighted to share the news of our $16m Series A funding round led by our friends at Index Ventures. Our existing partners at Sequoia Capital, Kleiner Perkins and Frontline also joined the round, along with a number of incredible angel investors.
I’ve personally always been of the view that funding announcements and the glamour that goes with them are a complete distraction. Today is no different. We are under no illusions about our progress — all we should be judged on is the execution of our “grand plan”:
- Build privacy cages, the most secure computation units for safely processing highly sensitive data;
- Deliver cages to specific customers with specific use cases; and
- Expand to more customers, more use cases and more services.
We’re building cages alongside specific companies which handle extremely sensitive data — think location data, banking data, payments data, kids’ data, health data and more. If your company fits this criteria, we’d be thrilled to work with you and help you create your first cage.
We’re aiming to distill what GDPR did in 99 Articles down to a line of code. This is conceptually simple, but operationally complex. If these kinds of challenges are exciting to you, we’d love to chat with you about joining us.
Stay safe,
Shane
