Sotero was founded with the conviction that a gap in today’s data protection approach is leaving organizations highly vulnerable, and set out to address this dilemma. The gap is that data is unprotected “in use” and existing data protection products focus on protection when data is “not in use”.
Coupled with the security dilemma, organizations grapple with meeting stringent privacy requirements. Traditionally, organizations have viewed security and privacy as two separate challenges. However, Purandar Das and Shanthi Boppana understood from the beginning that one cannot achieve data privacy without a strong security foundation. That security foundation should start with data protection and create a framework that enables complete control over privacy, compliance, auditability, and governance.
While most data protection tools start by securing the technology, Sotero’s technology starts by securing the data. Purandar Das and Shanthi Boppana founded Sotero with a conviction that today’s data protection is insufficient, thereby leaving enterprise organizations highly vulnerable. With decades of experience in leading some of the world’s largest data and analytics organizations, they experienced first-hand how the ability to monetize data is limited by the risks of data theft and loss. Eliminating the possibility of data loss leads to additional opportunities for data in a secure manner. Reimagining data security as the innovation driver to propel organizations towards revenue, the founders set out to create an encryption solution focused on keeping the organization’s most valuable asset - the data secure and private throughout its lifecycle.
Coupled with the security dilemma, organizations grapple with meeting stringent privacy requirements. Traditionally, organizations have viewed security and privacy as two separate challenges. However, Purandar Das and Shanthi Boppana understood from the beginning that one cannot achieve data privacy without a strong security foundation. That security foundation should start with data protection and create a framework that enables complete control over privacy, compliance, auditability, and governance.
While most data protection tools start by securing the technology, Sotero’s technology starts by securing the data. Purandar Das and Shanthi Boppana founded Sotero with a conviction that today’s data protection is insufficient, thereby leaving enterprise organizations highly vulnerable. With decades of experience in leading some of the world’s largest data and analytics organizations, they experienced first-hand how the ability to monetize data is limited by the risks of data theft and loss. Eliminating the possibility of data loss leads to additional opportunities for data in a secure manner. Reimagining data security as the innovation driver to propel organizations towards revenue, the founders set out to create an encryption solution focused on keeping the organization’s most valuable asset - the data secure and private throughout its lifecycle.
Location: United States, Massachusetts, Burlington
Employees: 11-50
Total raised: $13M
Founded date: 2017
Investors 3
| Date | Name | Website |
| 06.05.2023 | Tech Squar... | techsquare... |
| 29.03.2023 | Engage VC | engage.vc |
| - | Boston See... | bostonseed... |
Funding Rounds 2
| Date | Series | Amount | Investors |
| 20.07.2022 | Seed | $8M | OurCrowd |
| 23.07.2020 | - | $5M | - |
Mentions in press and media 16
| Date | Title | Description |
| 12.05.2023 | Sotero Announces Partnership with Space and Time | Sotero, the leader in revolutionary data security, announced their partnership with Space and Time, a leader in data warehousing, to provide enhanced security for the decentralized data platform. Space and Time is a decentralized data wareh... |
| 07.12.2022 | Why data-in-use encryption is essential to data security, Vaultree raises $12.8M | Check out the on-demand sessions from the Low-Code/No-Code Summit to learn how to successfully innovate and achieve efficiency by upskilling and scaling citizen developers. Watch now. Protecting data where it lives and traverses is fundamen... |
| 26.07.2022 | Sotero Closes $8 Million Seed Extension Funding Round to Support Exponential Growth as the Leader in the Data Security Market | Sotero, the leader in revolutionary data security, announced an $8 Million extension of their seed round, bringing the round to a total of $13 Million. Israel’s OurCrowd led the round with participation from existing investors, Gutbrain Ven... |
| 26.07.2022 | Sotero Closes $8M Seed Extension Funding | Sotero Co-founders, CTO Shanthi Boppana & CEO Purandar Das Sotero, a Burlington, MA-based data security company, raised $8M in a Seed extension funding, bringing the round to a total of $13 Million. The round was led by OurCrowd with pa... |
| 25.07.2022 | Sotero Closes $8M Seed Extension | BURLINGTON, MA, Sotero, a leader in data security, announced an $8 Million extension of their seed round. >> Click here for more funding data on Sotero >> To export Sotero funding data to PDF and Excel, click here Sotero,... |
| 20.07.2022 | Protecting data at rest, in transit, and under query, Sotero nabs $8M | We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 - 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today! In the last few years, data privacy has become a ... |
| 22.06.2021 | Sotero Expands Its Executive Team By Appointing Brian Hartpence As The VP Of Sales And Kevin Keane As VP Of Business Development | Sotero, the leading next-generation data encryption provider, announced the expansion of its leadership team with two new key hires. Brian Hartpence joins Sotero as the Vice President of Sales and Kevin Keane has been appointed the VP of Bu... |
| 21.06.2021 | Sotero Expands Its Executive Team by Appointing Brian Hartpence as the VP of Sales and Kevin Keane as VP of Business Development | |
| 09.03.2021 | Sotero’s Strong Market Momentum Continues with Revenue Growth, Partnership Expansion, Products Enhancements, Team and Board Member Additions and Seed Funding | Sotero “Our customers can confidently use, share, and store their data without worry that data will be leaked or compromised" Purandar Das, CEO & Co-Founder of Sotero BURLINGTON , Mass. (PRWEB) March 09, 2021 Sotero, the leading in... |
| 02.03.2021 | Malaysia Airlines discloses frequent flyer data breach that lasted nine years Since you’re here … Send us a News Tip EXTRACT THE SIGNAL FROM THE NOISE Cookies | Malaysia Airlines Berhad has disclosed a data breach that involved the theft of data from its frequent flyer program, but in a twist on a standard data theft story, the airline said the breach spanned nine years. The data breach involved a ... |
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