![]() ![]() Files are encrypted anywhere they are placed, including on the cloud, mobile devices and desktops, and remain protected even when shared externally. With Sookasa, organizations now have a self-service turnkey encryption and compliance solution that enables their employees to safely use their favorite mobile devices and cloud services. Current encryption solutions require heavy IT resources, restrict user freedom and significantly hurt user experience. However this creates significant challenges in regulated industries because the loss of even a single device connected to a cloud account can cause a catastrophic data breach and significant legal liability. The new funding will be used for continued development and to expand Sookasa’s traction in key regulated industries such as healthcare, education, legal and finance.Ĭloud services such as Dropbox, Box and Gmail are powerful tools that enable easy sharing and collaboration across multiple platforms and devices. The existing group of investors includes First Round Capital, SV Angel and other leading angel investors. ![]() In addition, Kirk Bowman, who formerly held executive positions at VMware and EqualLogic, joins as an independent board member.As part of the company launch, Sookasa also announced its Series A round of funding, led by top-tier venture capital firm Accel Partners, with continued participation from existing seed investors. With this new funding round, Sameer Gandhi from Accel Partners joins Sookasa’s board of directors. The company’s first product, which is also launching today, is the Sookasa Cloud Compliance Service, which allows companies to control and audit files across cloud services, users and devices and encrypt them transparently. “Our Cloud Compliance Service is architected to operate across any cloud service, computer or mobile device.” ![]() “Unlike legacy security companies that protect infrastructure like networks or endpoints, Sookasa is laser-focused on protecting the content itself while preserving the user experience,” said Asaf. The two were concerned that the files they shared were spread among multiple cloud services and devices and that there was no central way to manage them. ![]() Sookasa was founded in 2012 by father and son team Israel and Asaf Cidon. Sookasa says it offers businesses “a self-service turnkey encryption and compliance solution that enables their employees to safely use their favorite mobile devices and cloud services.” The service ensures that files are always encrypted, no matter what device they are on and even when they are shared externally. It’s no secret that many IT organizations struggle with ensuring compliance while at the same time offering their users access to tools like Dropbox, Box and Gmail on multiple devices. The company today announced that it has raised a $5 million Series A round led by Accel Partners with participation from existing investors First Round Capital, SV Angel and other angel investors. Sookasa wants to help companies use popular cloud services like Dropbox and Gmail while at the same time transparently encrypting sensitive data to ensure that companies don’t run afoul with regulations like HIPAA and FERPA. ![]()
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