Karlsgate Raises $4M Seed Funding Round To Bring Zero Trust To Data Connectivity
03/24/22, 12:00 PM
Location
Money raised
$4 million
Round Type
seed
Karlsgate, a fast-growing startup developing a federated approach to data enrichment, today announced that it closed an oversubscribed $4 million Seed funding round to expand its next-generation, HIPAA-/GDPR-/CCPA-compliant data connectivity network (DCN) solution. The Karlsgate platform solves a core technical challenge that threatens the global data economy today. It has developed a DCN solution that fulfills two critical requirements for the future data economy that have been technically contradictory until now – enabling more efficient data exchanges/flows while meeting and exceeding increasingly stringent global data privacy regulations. M12, Microsoft’s Venture Fund, co-led the round with Motley Fool Ventures.