TripleBlind, a Kansas City-based ‘data security as a service’ company announced today that it closed on $8.2 million in seed financing led by Dolby Family Ventures. Okta Ventures, NextGen Venture Partners, Operator Partners, Wavemaker Three-Sixty Health, AVG Basecamp Fund, Anorak Ventures, Quiet Capital, Clocktower Technology Ventures, Parity Responsible Technology Fund and Manresa Ventures participated. Existing investors from the first round, including Accenture Ventures, Flyover Capital and KCRise Fund exercised their pro-rata rights and participated in the round, as did several angel investors, oversubscribing the round. All this according to a press release.
The 4thEst8 talked, briefly, with TripleBlind CEO, Riddhiman Das, but he had never heard of the 4thEst8 and refused to comment. The number he supplied to a public relations contact did not work. The company, founded in 2019, has an API-driven virtual exchange, and sells its services to healthcare, financial services and other industries. According to CrunchBase the startup has between 10 and 50 employees.
“TripleBlind will enable our joint customers in regulated industries to leverage enterprise data that today goes largely untapped due to regulations such as CCPA and GDPR, and without compromising consumers’ privacy,” said Monty Gray, senior vice president, Corporate Development at Okta, Inc. in the release.“TripleBlind offers synergies with our existing data privacy investments and we are excited to further our relationship to provide added benefits to our customers.”