Sotero: Closes $8M Seed Extension Funding

Sotero Closes $8M Seed Extension Funding

  • Sotero, a Burlington, MA-based data security company, raised $8M in a Seed extension funding, bringing the round to a total of $13 Million
  • The round was led by OurCrowd with participation from Gutbrain Ventures, PBJ Capital, and Boston Seed Capital
  • The company intends to use the funds to accelerate its growth in the U.S. data security market, further expanding its technology to secure all data anytime, anywhere
  • The company provides a data security platform that enables customers to protect data anytime, anywhere, regardless of data store, integration mechanisms, and user tools
  • The platform controls, accesses, operates and uses data to extract information that drives organizational business outcomes and innovation
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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