
Baffle
Baffle - Encryption as a Service; makes data breaches irrelevant by ensuring that data remains encrypted..
Date | Investors | Amount | Round |
---|---|---|---|
- | investor investor | €0.0 | round |
investor | €0.0 | round | |
investor investor investor | €0.0 | round | |
investor investor investor investor investor | €0.0 | round | |
investor investor investor | €0.0 | round | |
investor | €0.0 | round | |
$20.0m | Series B | ||
Total Funding | 000k |
USD | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Revenues | 0000 | 0000 | 0000 | 0000 | 0000 |
% growth | - | 13 % | 8 % | 3 % | 63 % |
EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 | 0000 | 0000 |
EV | 0000 | 0000 | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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Baffle.io is a cutting-edge startup specializing in data-centric security solutions, primarily targeting the healthcare, financial services, and SaaS (Software as a Service) sectors. The company addresses a significant challenge that many organizations face: implementing encryption correctly. Traditional encryption methods can be complex, costly, and prone to failure. Baffle.io simplifies this process by offering application-level encryption on a per-field basis. This means that each piece of data is individually encrypted, providing a higher level of security.
One of Baffle.io's standout features is its ability to perform mathematical operations on AES (Advanced Encryption Standard) encrypted data without ever decrypting it. This ensures that data remains protected whether it is in memory, in use, or at rest. This capability is crucial for organizations that handle sensitive information, such as healthcare records and financial data, as it significantly reduces the risk of data breaches and theft.
Baffle.io also supports Bring Your Own Key (BYOK) functionality, allowing clients to use their own encryption keys. This gives organizations greater control over their data, including the ability to revoke access if necessary. This feature is particularly appealing to companies that need to comply with stringent data protection regulations.
The company operates in the cybersecurity market, focusing on data protection and encryption. Its business model revolves around providing subscription-based services to its clients. Baffle.io generates revenue through these subscriptions, offering various tiers of service depending on the client's needs. The company also collaborates with other technology providers, such as AWS (Amazon Web Services), to integrate its encryption solutions into broader platforms.
In summary, Baffle.io offers a simplified, yet highly secure, encryption solution that protects sensitive data across various industries. Its innovative approach to data security, combined with its flexible BYOK feature, makes it a valuable partner for organizations looking to safeguard their information.
Keywords: data-centric security, encryption, healthcare, financial services, SaaS, BYOK, AES encryption, data protection, cybersecurity, cloud integration.