May 2020 Summaries

Evervault, a technology company based in Dublin, Ireland, has secured a $16.4 million Series A funding round led by Index Ventures, with contributions from notable investors such as Sequoia Capital and Kleiner Perkins, as well as angel investors like Jeff Weiner and Dylan Field. This funding will support Evervault's mission to eliminate plaintext data breaches by developing comprehensive encryption solutions for developers to enhance data security across the internet. Shane Curran, Evervault's CEO, emphasized the importance of encryption in preventing data breaches, a sentiment echoed by Index Ventures' Erin Price-Wright. Index Ventures, known for backing transformative companies like Datadog and Slack, is committed to supporting Evervault's growth in establishing essential encryption infrastructure for web developers.