Reston-based cybersecurity company VectorZero has secured $3.5 million in financing to fuel the rapid growth of its Active Data Vault™. The early-stage financing, provided in the form of a convertible note from Sage Venture Partners, will be used as working capital to support VectorZero’s expansion plans. This latest funding round follows a successful Friends & Family round in 2022, which raised $3.0 million. With a total of $6.5 million raised so far, VectorZero is well-positioned to pursue its ambitious growth trajectory.
The Active Data Vault™ developed by VectorZero offers advanced data protection at every stage, including at rest, in transit, and in use. This comprehensive approach to data security minimizes the risk of attacks from malicious actors by reducing potential attack vectors. Fred Warren, the founder of Sage Venture Partners, praised the Active Data Vault™ for its ability to safeguard sensitive information, making it an attractive solution for various sectors.
VectorZero’s Active Data Vault™ is an easy-to-use and highly secure environment designed to store and utilize extremely sensitive data. With more than 4,000 security controls implemented according to NIST 800-53-5 standards, VectorZero ensures the comprehensive security of its enclaves. The cloud-based solution boasts a software-as-a-service (SaaS) infrastructure based on the Zero Trust model, providing high levels of assurance. Setting up this secure infrastructure takes just minutes and three simple clicks, making it an efficient choice for organizations looking to protect their data.
The financing from Sage Venture Partners highlights the confidence in VectorZero’s industry-leading technology. Jason Asbury, CEO and Co-Founder of VectorZero, expressed enthusiasm about the funding round, emphasizing the high level of trust in the company’s solutions. Asbury believes that VectorZero’s Active Data Vault™ fills a critical need in the market, offering organizations a secure and isolated environment to store and process sensitive data.
In addition to its secure vaults, VectorZero offers integration and easy use of AI, analytics, and sensitive data processing. By leveraging Confidential Compute, VectorZero’s ephemeral vaults enable organizations to establish zero-trust enclaves secured by national security-level controls in a matter of minutes. Confidential collaboration over disparate datasets is also facilitated through Secure Multiparty Computation.
VectorZero is set to release Active Data Vault version 2.0, unveiling additional features and benefits that further enhance data security and usability.
With its mission to simplify and automate data vigilance throughout the entire data lifecycle, VectorZero aims to bring information freedom to organizations across various industries. The company draws on the expertise of its team, comprised of experienced cloud security engineers with ample experience in both enterprise and government intelligence sectors. Headquartered in Reston, Virginia, VectorZero continues to develop innovative solutions to meet the evolving cybersecurity challenges faced by businesses today.
Press Contact:
Jason Asbury
VectorZero Technologies, LLC
+1 833-898-5521
jason.asbury@vectorzero.ai
