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Key people at Dyadic Security.
Based in New York, Dyadic Security develops software-defined cryptography solutions and virtual hardware security modules to help enterprises manage cryptographic keys securely across cloud environments. The company utilizes multiparty computation technology to provide hardware-level security for financial institutions and enterprise IT departments transitioning to cloud infrastructure. The enterprise key management software provider has raised $12 million in Series B funding to scale its commercial operations and enterprise product offerings. Dyadic Security is backed by prominent venture capital and corporate investors, including institutional backers Goldman Sachs Principal Strategic Investments, Citi Ventures, and Eric Schmidt's Innovation Endeavors. Additionally, the firm has received research funding from the European Union's Horizon 2020 program to further advance its cryptographic platforms. The organization was founded in 2014 by a team of cryptography experts that includes chief executive officer and co-founder Avner Mor.
Key people at Dyadic Security.
Dyadic Security is a cybersecurity company specializing in software-only encryption, authentication, and digital signing solutions that combine the usability and cost-efficiency of software with the security level of hardware. It serves enterprises requiring strong data protection, particularly for hybrid cloud environments, by leveraging advanced cryptographic research in Multi-Party Computation (MPC) to split and continuously refresh encryption keys across multiple servers, thus eliminating single points of compromise. This approach enables secure mobile authentication and signing with hardware-level guarantees but without the inconvenience of physical tokens[1][4].
Founded by renowned cryptography professors and security experts, Dyadic Security builds on over a decade of research to offer a holistic data protection platform that addresses the increasing enterprise demand for privacy and data sensitivity compliance. Its software solutions are designed to protect digital keys and credentials of any size in any scenario, providing a unique blend of security, operational efficiency, and ease of use[1][4].
Dyadic Security was founded by a team including two distinguished cryptography professors alongside security and software specialists, drawing on more than 10 years of advanced cryptographic research focused on Multi-Party Computation (MPC). The idea emerged from the need to overcome the limitations of traditional hardware security modules (HSMs) and physical tokens by creating a software-based solution that offers equivalent security guarantees without their practical drawbacks. Early traction came from demonstrating the ability to protect hybrid cloud data and enable mobile authentication with hardware-level security, which positioned Dyadic as a visionary cybersecurity company[1][4].
Dyadic Security rides the growing trend of cloud adoption and the increasing need for robust data privacy and security in hybrid and multi-cloud environments. As enterprises face escalating cyber threats and regulatory requirements around data protection, Dyadic’s software-only approach offers a timely alternative to costly and cumbersome hardware security modules. The market forces favor solutions that provide strong security without sacrificing usability or operational flexibility, positioning Dyadic as a key player in advancing secure cloud computing and digital identity management. Its technology influences the broader ecosystem by enabling enterprises to trust cloud providers without relinquishing control over encrypted data, thus fostering wider cloud adoption and digital transformation[1][4].
Dyadic Security is well-positioned to capitalize on the accelerating demand for secure, scalable, and user-friendly cryptographic solutions in cloud and mobile environments. Future growth will likely be driven by expanding enterprise adoption of MPC-based security, integration with emerging cloud platforms, and addressing new use cases such as zero-trust architectures and decentralized identity. As cyber threats evolve, Dyadic’s research-backed, software-centric model offers a flexible and cost-effective path to maintaining hardware-grade security assurances. Its influence is expected to grow as organizations increasingly prioritize data sovereignty and privacy in their digital strategies[1][4].
