Berlin-based Next Big Thing (NBT) has led a $1 million funding round for Enclave Networks, a cybersecurity startup based in the United States. The funding will be used to further develop Enclave’s innovative security solutions and expand its reach in the market.
Enclave Networks was founded in 2018 by a team of cybersecurity experts with the aim of providing businesses with a more secure way to connect to the internet. The company’s flagship product, Enclave Connect, is a cloud-based platform that allows businesses to create secure, private networks that are isolated from the public internet.
Enclave Connect uses a combination of encryption, authentication, and access control to ensure that only authorized users can access the network. This makes it an ideal solution for businesses that need to connect to the internet but want to keep their data and systems secure.
The funding round was led by NBT, a Berlin-based company that specializes in supporting startups in the Internet of Things (IoT) and blockchain sectors. NBT’s investment in Enclave Networks is a testament to the potential of the company’s technology and its ability to disrupt the cybersecurity market.
“We are excited to be partnering with Enclave Networks and supporting their mission to provide businesses with a more secure way to connect to the internet,” said Harald Zapp, CEO of NBT. “Enclave’s innovative technology has the potential to revolutionize the cybersecurity industry, and we look forward to seeing the company grow and succeed.”
Enclave Networks CEO, Bob Jandro, expressed his gratitude for the investment and the support of NBT. “We are thrilled to have NBT as our lead investor and partner,” he said. “Their expertise in the IoT and blockchain sectors will be invaluable as we continue to develop our technology and expand our reach in the market.”
The funding round is a significant milestone for Enclave Networks and a testament to the growing demand for innovative cybersecurity solutions. With the support of NBT and other investors, Enclave Networks is well-positioned to continue its growth and become a major player in the cybersecurity industry.