Kriptos, an Ecuadorian data management platform, raised an undisclosed round from SixThirty Cyber and existing investors BuenTrip Ventures, Barclays, Kruger Corporation, and Techstars.
(Contxto) Ecuadorian data management startup Kriptos recently wrapped up an investment round for an undisclosed amount. Participants included SixThirty Cyber and prior investors, BuenTrip Ventures, Barclays, Kruger Corporation, and Techstars alongside unnamed angel investors from Latin America and Silicon Valley.
The round is being carried out in a rather more strategic way than through just bog-standard funding. On one hand, of course, it helps to pave the way for Kriptos’ entrance into the United States market. Yet, on the other, through US-based SixThirty Cyber’s tutelage, Kriptos will be mentored for its onward expansion.
But, it is important to note that this isn’t the first international market the Ecuadorian startup has reached. Thanks to its AI-run data classification system, Kriptos has already made itself present in other Latin American countries like Mexico, Colombia, Peru, and Chile.
Read more at Contxto.