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Vaultree

Encrypted data processing

Vaultree logo
21-100 employees
  • B2B
  • Cyber Security
  • Data Sharing
Ballywalter, Ireland

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Company mission

To enable enterprises to mitigate the great financial, cyber, legal, reputational, and business risk of a data breach.

Our take

While most sensitive data used by business is encrypted, it almost always has to be decrypted into plain text at the point of use. This creates a weak point: if a data breach occurs all the decrypted data in use is easily readable by cybercriminals. Vaultree exists to solve this problem, providing an in-use encryption SDK which allows encryption at all times, even when data is in use, with no reduction in processing times.

The market for this form of encryption is rapidly growing, and is estimated to be worth $300 million by 2030. Vaultree faces rivals such as Ravel and Duality which also offer in-use encryption. However Vaultree's performance is higher than the industry average, and Vaultree offers the only truly end-to-end solution which encrypts data in rest or in transit as well as while it is being used.

Vaultree has recently closed a Series A fundraising round led by Molten Ventures and Ten Eleven Ventures. This investment will be used to develop the product, improving its existing features and support for more integrations. It is also hiring globally, aiming to scale the company's operations worldwide.

Steph headshot

Steph

Company Specialist at Welcome to the Jungle

Benefits

  • Part of the week dedicated to learning and creating (including courses and certifications)
  • Being part of a globally distributed, fast growing team, eager to make a change
  • Health insurance, lunch allowance, paid holidays
  • An opportunity to be included in the Share Options Scheme
  • Remote first, async work model (flexible working hours with co-working possibility)
  • 360° feedback and bi-weekly 1:1 with CEO and fractional CFO and other members of the team as required
  • Direct access to all team members, including co-founders, being the perfect opportunity to learn everything about how the business is being run
  • All the advantages of an early-stage startup environment: Flexibility, agility, versatility, independence, sense of ownership, a family environment, no dress code, and lots of fun :)

Company values

  • Data privacy warriors
  • Fail Fast, Learn Faster
  • We value your contribution
  • Equality & Diversity

Funding (last 2 of 3 rounds)

Dec 2022

$12.8m

SERIES A

Oct 2022

$2.6m

GRANT

Total funding: $18.7m

Leadership

Ryan Lasmaili

(CEO)

Also co-founded Meleniewska. Was previously a Financial Analyst for Zoetis and Kerry Group.

Tilo Weigandt

(COO)

Was Program Manager, Business Development Manager and Strategic Brand Manager at Creditas. Before that was a Management Consultant for HPP Strategy & Marketing Consulting.

Maxim Dressler

(Director of Market Research)

Prior to co-founding Vaultree was Managing Director with aable AG and a Senior Consultant at Kantox.

Shaun Mc Brearty

(Chief Scientist)

Is also an Assistant Lecturer at IT Sligo. Was previously an External Examiner for Athlone Institute of Technology and a Couse Tutor with the National Learning Network.