To date, more than 1,000 security professionals and experts from institutions including MIT, Stanford and Harvard have tried unsuccessfully to break into Tresorit’s sophisticated encryption technology – rendering it ‘unhackable.’ In order to prove its unmatched level of security, starting in April 2013 Tresorit offered a $25,000 bounty to any individual capable of breaking into its service. Deploying a patent-pending crypto protocol, Tresorit makes sharing and collaboration possible without sacrificing security and compliance. With our technology there’s no need to make that compromise.”įounded in 2011, Tresorit offers businesses an end-to-end encrypted cloud collaboration service that guarantees true privacy to its users. Until today, businesses have had to settle for a trade-off if they wanted to take advantage of the benefits of cloud storage. While we’re a huge advocate of the usability pioneered by popular options, we firmly believe that there’s a systemic problem with how data and encryption keys are handled in today’s enterprise cloud solutions. “In a post-Snowden world, we’re seeing an intense interest in the enterprise market for a solution with a higher level of hacker- and spy-proof security. “The issue with most popular cloud storage services is that they do not provide the end-to-end encryption needed to truly guarantee personal as well as enterprise-grade security,” said Istvan Lam, founder and CEO, Tresorit. The round was led by Tresorit’s current investors, including Euroventures, as well as entrepreneurs Andreas Kemi and Marton Szoke. The funds will be used to drive development of Tresorit’s patent-pending cryptographic encryption technology and expand the company’s overall reach in the U.S and European markets.
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