enSilo passes USD21m in funding

Real-time data protection platform enSilo has closed the second tranche of its Series A financing, raising a total of USD19 million for the round and USD21 million in total funding, the company said.

The second tranche of USD9 million was led by Rembrandt Venture Partners with previous investors Carmel Ventures and Lightspeed Venture Partners participating.

The new funding will be used to expand sales and marketing, and improve customer experience in support of the rapidly growing demand for the company´s products and services. enSilo´s real-time data protection platform is currently in use by a number of Fortune 100 companies along with leading defense contractors and payment solutions worldwide.

enSilo´s platform is based on the assumption that network infiltration cannot be prevented, so its platform instead focuses on preventing data tampering and exfiltration – that is, the theft of critical data from the system by external threat actors.

enSilo delivers a real-time data protection platform against advanced targeted attacks by preventing threat actors from establishing outbound malicious connections. It allows companies to continue to run operations securely and without interruption, even during the investigation and remediation of attacks.