Klarytee, a London, UK-based cybersecurity startup, has closed a £700,000 Pre-Seed funding round.  

SaaS Investors 

The funding was backed by early-stage VC fund Concept Ventures. Notable angel investors include (Former Twitter CISO) Micheal Coates, (Former Group CEO of Bupa) Evelyn Bourke, The founders of cyber security company Digital Shadows, (Ex-Managing Director of Accenture) Brad Cable, and Desigan Chinniah (Board Member of The Tor Project).  

Founded in 2016, Concept Ventures is a venture capital firm based in London, United Kingdom. The firm seeks to invest in the pre-seed and seed-stage companies operating in the fintech, enterprise, and entertainment sectors.  

About Klarytee 

Klarytee is a SaaS platform that builds security into sensitive content, allowing large organizations to retain granular control and visibility wherever the data goes. Klarytee's technology encrypts data at the source to protect against leaks, catering to sectors such as banking, healthcare, and professional services. The company’s vision is to simplify and consolidate the enterprise security stack by focusing on data instead of infrastructure is incredibly powerful. 

Funding Details

Company: Klarytee Ltd.  

Raised: £700K   

Round: Pre-Seed Round   

Funding Month: December 2023   

Lead Investors: Concept Ventures  

Additional Investors: Micheal Coates, Evelyn Bourke, Brad Cable, and Desigan Chinniah   

Company Website: https://www.klarytee.com/   

Software Category: Data Security  

Source: https://tech.eu/2023/12/05/saas-based-klarytee-secures-funding-for-data-protection-technolog/