NEWS25 August 2021

Baffle secures $20m funding

Financials News North America Privacy Technology

US – Cloud data protection company Baffle has raised $20m in Series B funding led by new investor Celesta Capital.

Founded in 2015, Santa Clara-based Baffle’s technology secures data in the cloud and when it is shared across the analytics ecosystem, de-identifying sensitive information.

National Grid Partners, Lytical Ventures and Nepenthe Capital contributed to the funding round, with follow-on investments from True Ventures, Greenspring Associates, Clearvision Ventures, Thomvest Ventures, Engineering Capital and Triphammer Ventures.

Sriram Viswanathan, founding general partner for Celesta Capital, will join Baffle’s board of directors.

Ameesh Divatia, co-founder and chief executive, Baffle, said: “With this investment, we can meet market demand for data-centric cloud data protection that enables responsible digital information sharing and breaks the cycle of continuous data and privacy breaches.”

@RESEARCH LIVE

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