New Funds for Data Protection Firm Baffle

US-based data protection company Baffle has raised $20m in a Series B round of funding, which it will use to scale up product development of its go-to-market engine.

Baffle secures data in the cloud, making it available for sharing across the entire analytics pipeline, with no performance impact on the user experience. The firm says its no-code 'security mesh' takes a data-centric approach at scale, protecting data as it is created, stored and processed, from any source to any destination.

New funding has been led by new investor Celesta Capital, with participation from National Grid Partners, Lytical Ventures and Nepenthe Capital, and follow-on investments from True Ventures, Greenspring Associates, Clearvision Ventures, Engineering Capital and Triphammer Ventures. Ameesh Divatia (pictured), co-founder and CEO of Baffle, comments: 'With this investment, we can meet market demand for data-centric cloud data protection that enables responsible digital information sharing and breaks the cycle of continuous data and privacy breaches'.

Web site: www.baffle.io .

All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.