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Based in Palo Alto, California, Appaegis is an enterprise cybersecurity company that develops zero-trust data access and governance software for multi-cloud infrastructure. The platform replaces traditional virtual private networks with identity-based security controls, allowing organizations to manage remote access to databases and applications without deploying network segmentation or software agents. By extending the zero-trust model directly to data governance, the system provides real-time visibility and ransomware protection for enterprise information technology and developer operations teams. Operating under a B2B SaaS subscription model, the startup emerged from stealth mode in late 2021 alongside the announcement of $7.7 million in seed funding. This initial financing round was led by Taiwania Capital, with additional backing from institutional venture investors including TSVC, Alumni Ventures, and LDV Partners. Appaegis was founded in 2019 by Michael Shieh and Yonghui Cheng.
Appaegis has raised $7.7M across 1 funding round.
Appaegis has raised $7.7M in total across 1 funding round.
Appaegis has raised $7.7M in total across 1 funding round.
Appaegis's investors include Alumni Ventures, First In, LDV Partners, Silicon Valley Future Capital, TSVC.
Appaegis has raised $7.7M across 1 funding round. Most recently, it raised $7.7M Seed in December 2021.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Dec 15, 2021 | $7.7M Seed | — | Alumni Ventures, First IN, LDV Partners, Silicon Valley Future Capital, TSVC | Announced |