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CipherStash: Data security startup providing encryption-in-use technology for searchable data, focused on fine-grained access controls for enterprises.
CipherStash is a Sydney, Australia-based data security startup that provides encryption-in-use technology, allowing developers to perform searchable queries and apply fine-grained access controls directly on encrypted database records. The enterprise platform integrates with common database systems like PostgreSQL, MySQL, and MongoDB to protect sensitive information for multinational corporations and healthtech organizations. Operating with a fully remote team of 18 employees, the company offers its searchable encrypted data storage infrastructure as a paid service to software engineers, site reliability engineers, and data scientists. The startup has secured multiple rounds of venture capital financing, including a $3.3 million initial seed round and a subsequent $3 million Seed-2 tranche backed by prominent investors such as Skip Capital, AirTree, SixThirty Ventures, and Nexus Venture Partners. CipherStash was officially founded in 2020 by chief executive officer Dan Draper.
CipherStash has raised $6.3M across 2 funding rounds.
CipherStash has raised $6.3M in total across 2 funding rounds.
CipherStash has raised $6.3M in total across 2 funding rounds.
CipherStash's investors include Skip Capital, SixThirty, James Cameron, Nexus Venture Partners, Alisdair Faulkner, Keith Pitt, Zak Islam.
CipherStash has raised $6.3M across 2 funding rounds. Most recently, it raised $3.0M Seed in October 2023.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Oct 19, 2023 | $3.0M Seed | Skip Capital | SixThirty |
| Oct 22, 2021 | $3.3M Seed | James Cameron, Nexus Venture Partners | Alisdair Faulkner, Keith Pitt, Zak Islam |