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CEO: MacLane Wilkison (3/31/2015)
Technology: Michael Egorov (3/31/2015)
Former Employees: Ravital Solomon


Business description: NuCypher is a comprehensive encryption layer that sits across all an organization's big data platforms (Hadoop, Kafka, Spark), whether on-premise or in the cloud. Unlike existing security and encryption tools, NuCypher doesn't require tradeoffs between security, performance, and functionality. The major use cases we help customers with include: CLOUD ENABLEMENT Moving big data storage and compute to the cloud, while keeping encryption keys on-premise. DATA GOVERNANCE AND COMPLIANCE Bringing big data projects into compliance with internal security policies and regulatory requirements, including PCI, HIPAA, and GDPR. SECURE INTER- & CROSS-ORGANIZATIONAL DATA SHARING Enabling enterprise-wide shared, multi-tenant data lakes with granular decryption permissions based on existing AD/LDAP/Kerberos access policies. Internal users and external partners can easily be granted access (and have it revoked). Whether compute is happening in isolated, controlled networks or distributed, ubiquitous environments, no network is truly secure and modern enterprises must architect their systems under the assumption that any component can be compromised at any time. Modern infrastructures are massively complex, with vulnerabilities that will eventually be exploited. Responsible enterprises must act as if they’ve already been compromised and adopt a zero trust security model. NuCypher is leading the charge.

Rounds: 3
Recent Fundings: Oct 2019   Dec 2017
Capital raised: 15.85M
Last Round: 10.7M
Ownership: Private  
VCs include: Base Ventures Hashed;  NewGen Capital Amino CapitalMission and Market Polychain Capital Fusion Fund;  CoinFund;  DHVC;  Arrington XRP Capital;  Bitmain ;  Bitfury ;  Compound VC ;  Notation Capital

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Record updated: Oct 2019
Sector: Internet
Year Founded: 2015
Headcount: 11-25 as of Dec 2017
Rounds: 3
Recent Fundings: Oct 2019   Dec 2017
Capital Raised: 15.85M
Last Round: 10.7M
Ownership: Private