Baffle Inc., a cloud data protection company, announced that it has raised $20 million in Series B funding led by new investor Celesta Capital, with contributions 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.
Company: Baffle Inc.
Raised: $20.0M
Round: Series A
Funding Month: August 2021
Leading Investors: Celesta Capital
Additional Investors: National Grid Partners, Lytical Ventures and Nepenthe Capital, True Ventures, Greenspring Associates, Clearvision Ventures, Engineering Capital, and Triphammer Ventures
Company Website: http://baffle.io
Software Category: a cloud-data protection
About the Company: Baffle secures data in the cloud and is shared across the entire analytics pipeline with no performance impact on the user experience. Proven in large-scale environments, only the Baffle Data Protection Service de-identifies sensitive information with zero application changes so companies can responsibly move more data, faster, to the cloud for privacy-preserving analytics in artificial intelligence (AI) and machine learning (ML). Baffle protects more than 100 billion records in financial services, healthcare, retail, industrial IoT, and government.
Source: https://www.businesswire.com/news/home/20210816005117/en/Baffle-Raises-20M-in-Series-B-to-Protect-Cloud-Data-with-Celesta-Capital-as-Lead-Investor