Tech Company Financing Transactions
CipherStash Funding Round
CipherStash, based in Sydney, New South Wales, secured $3 million in funding from Skip Capital and SixThirty.
Transaction Overview
Company Name
Announced On
10/19/2023
Transaction Type
Venture Equity
Amount
$3,000,000
Round
Seed
Investors
Skip Capital (Lead Investor)
Proceeds Purpose
The company intends to use the funds to continue to expand its digital defense offerings against increasingly complex tactics employed by cybercriminals, and provide protection against data breaches, identity theft, and other digital threats.
Company Information
Company Status
Private & Independent
Industry
Security
Mailing Address
42 Wallaby Way
Sydney, New South Wales, Undisclosed
AU
Sydney, New South Wales, Undisclosed
AU
Phone
Website
Email Address
Overview
It's a Big, Hairy Audacious Goal, but we believe that making data breaches a thing of the past is achievable with the right technology. Frustrated by the rising number of data breaches and the complexity of existing solutions, we set out to build a better way to protect data. Data is one of the most valuable assets to modern business but equally, sensitive data held on behalf of customers must be protected.
Management Team
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Our team works diligently to report on all VC transactions involving tech companies. VC transactions on this site come from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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