Antimatter Raises $12M in Series A Funding

Antimatter

Antimatter has raised $12M Series A funding, a company called ‘Data Security for SaaS Applications’, which is based in Oakland, CA.

The round was chaired by NEA and included participation from General Catalyst and UNION Labs as well as the founders of Snowflake and Okta, Dropbox and VMware, Segment and Databricks.

The company intends use the funds to expand its engineering team and to develop its full-scale infrastructure solutions.

Founded in 2020 by Andrew Krioukov, Michael Andersen, and Beau Trincia, Antimatter s a cryptographic infrastructure service enabling B2B SaaS companies to guarantee the security of their customers’ data, solving the challenges of data security and privacy requirements without requiring any changes to code.

The company will have an initial focus on helping SaaS teams meet enterprise customers’ security requirements for specific regions, customer-specific servers, and restricted employee access. Early access to the company’s beta solution is being offered to a select group of design partners.

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