Ockam, a San Francisco, CA-based company that builds open-source developer-first tools for mutual authentication and end-to-end encrypted messaging between distributed applications, announced that it secured $12.5 million in Series A.
The investment was backed by Craft Ventures, Future Ventures, SineWave Ventures, OCV, and Okta Ventures, among others.
Ockam plans to triple the size of its engineering and product teams to tackle the next phase of Ockam’s growth.
Company: Ockam Inc.
Raised: $12.5M
Round: Series A
Funding Month: January 2022
Lead Investors:
Additional Investors: Craft Ventures, Future Ventures, SineWave Ventures, OCV, and Okta Ventures
Company Website: https://www.ockam.io/
Software Category: open-source developer-first tools
About the Company: Ockam builds open-source developer-first tools for mutual authentication and end-to-end encrypted messaging between distributed applications, in any environment, anywhere. Ockam has seen tremendous growth in developer engagement with its open-source code over the past 6 months and has become one of the fastest-growing open-source projects on GitHub. Developers resonate with Ockam’s open-source project because it aligns with two important security trends: applications need to trust data, and developers need friendly easy-to-use tools.
Source: https://www.ockam.io/learn/blog/series_a