LOS GATOS, CA., February 10, 2022 /PRNewswire/ — Titaniam, Inc.a data protection and privacy company, today announced the closure of a $6 million seed funding round led by Refinery companies with participation from Fusion Fund and Shasta Ventures. Individual investors also participated in the financing, in particular Ray Rothrock, Richard Clarkand Dale Fuller, the latest Venture Partner of Refinery Venture, among others. Titaniam will use proceeds from this funding round to support aggressive sales expansion and new product innovation.
Titaniam’s platform protects data against ransomware, cyberattacks, extortion, insider threats, accidental exposure, and any data-related cyber event. Powered by NIST-approved and patented innovations in encryption and adaptive data privacy, Titaniam is used by regulated enterprises, SaaS vendors, and product vendors who demand Zero Trust data security.
“Ransomware attacks occur in the hundreds every day. It’s more important than ever for organizations to protect their data,” said Arti Raman, Founder and CEO of Titaniam. “We founded Titaniam with one goal in mind: to keep valuable data safe, whether it’s in motion, stored, or actively used in applications. We built a single platform, got it certified, and helped many organizations protect their data from relentless cyberattacks.We are excited to partner with our new investors to serve our customers, large and small, protecting them from the ever-increasing number and types of cyberattacks.
In addition to encryption, Titaniam provides critical visibility into the data accessed, observed or exfiltrated. The platform also provides granular field-level documentation certifying that throughout the attack, protected data retained strong encryption, regardless of access privilege. This neutralizes any data leverage that ransomware attackers might gain, saving the company from extortion, regulatory penalties, notification costs, and providing peace of mind for CISOs, executives, and managers. the administration’s advice.
According to Ray Rothrockcybersecurity veteran and Titaniam investor, “Titaniam solves the number one and growing problem facing organizations: ransomware. Encrypting data while it is in use is the holy grail of cyber protection strategies. On-the-fly encryption technology and in use of Titaniam is fundamental to an overall cyber protection strategy.I look forward to working with Arti and his team as the company continues to grow in the next phase.
“We were fortunate to be introduced to Arti and his team by Stephane Rodriguezone of our Venture Partners,” said tim schigel, managing partner of Refinery Ventures. “Titaniam has all the attributes we look for in an investment and we have no doubt that Titaniam is poised for phenomenal growth. Not only is Arti’s experience exceptional, but the problem Titaniam solves is one most difficult in all sectors.”
“Cyberattacks are among the top threats to businesses and governments today,” said Lu Zhang, Founder and Managing Partner of Fusion Fund. “We are delighted to support Titaniam in its mission to protect victims of cyberattacks and their customers from data breaches and extortion.”
For more information, please visit titaniam.io or email [email protected].
Titaniam, Inc. is a leading provider of enterprise-grade ransomware and extortion protection solutions. Titaniam uses state-of-the-art encryption in use to ensure valuable data remains protected even if attackers have access to valid credentials. Titaniam’s solutions are available as an API, ransomware-proof vault, or data platform plugin. For more information, please visit Titaniam at https://titaniam.io/.