Youngstown, OH -- Valley Growth Ventures, a $6 million micro-venture capital investment fund focused on investment in Ohio-based companies, with a heavy interest in the the Mahoning Valley, has made it’s 4th investment in the early weeks of 2019 in a company called DAtAnchor.
DAtAnchor is a data security solution, which provides seamless and easy to use strong encryption, automated data governance, and dynamic access control and revocation capabilities, enabling businesses to protect their sensitive data. DAtAnchor is a universal solution, protecting all data types, along with any application used to secure it. It is very easy to set up and seamlessly integrates with any existing cloud-based security solution or distributed storage system.
DAtAnchor is a unique solution to the problem of data loss that companies inevitably face. “Most companies concentrate on data loss prevention, but DAtAnchor is focused on securing the data as it moves, enforced by a number of automated services, without a need for any manual processes for governance. Via strong encryption, we enable data access within and revocation outside of granular boundaries, characterized using physical and logical rules specified by the business according to their needs,” explained Emre Koksal, CEO of DAtAnchor. “This is our differentiator, and, frankly, a real game-changer. Typically, certain rules are set down, and it is necessary to trust the people who have access to the data to follow those rules. DAtAnchor eliminates that variable.”
"We are very excited to partner with the great team at DAtAnchor. Their software solution, which enables security to travel with data, can change the game in enterprise security. This is an opportunity with significant upside," said Ernie Knight, Managing Director of Valley Growth Ventures.
With limited competition in this space, VGV is very enthusiastic about the opportunity for a company like DAtAnchor. DAtAnchor is based out of Columbus, OH.