Skyflow, a Palo Alto, Calif.-based data privacy vault company, raised $17.5m in Series A funding.
The round was led by Canvas Ventures, with participation from Foundation Capital.
The company intends to use the funds to:
- Invest to build out its sales and marketing organization.
- Expand its product portfolio with vertical-specific vaults for finance, health and B2C companies.
- Hire engineering and operations teams.
Founded by former Salesforce executives Anshu Sharma (CEO) and Prakash Khot (CTO), Skyflow is a data privacy vault for customer data, which enables businesses to handle users’ financial, healthcare and other personal data. The zero-trust data vault with an elegant API allows developers to build applications and workflows without worrying about data security, privacy or compliance.
The company also has offices in Bangalore, India.
FinSMEs
09/12/2020