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Data Protection Startup Optery Raises $2.7 Million in Seed Funding – Source: www.securityweek.com

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Source: www.securityweek.com – Author: Ionut Arghire

Data protection startup Optery this week announced raising $2.7 million in a seed funding round that brings the total raised by the company to $6 million.

The new investment round was led by Bayhouse Capital, with participation from Goodwater Capital, Global Founders Capital, Pioneer Fund, Soma Capital, TRAC, and Y Combinator, among others.

Founded in 2020, the California-based Optery provides users and businesses with free reports that show where personal information has been posted online.

The company also offers automated opt out software to help users remove their personal information – such as addresses, phone numbers, email addresses, and more – from the sites it has been posted to.

For businesses, Optery offers a self-service platform that allows IT teams to reduce the digital footprint of their employees.

By helping users and businesses remove personal information from data broker sites, Optery helps prevent identity theft, phishing, social engineering, spam, and more.

To find users’ information, the company pinpoints data broker sites and takes screenshots of the exposed data. After removing the information, Optery re-scans the sites monthly, to ensure the data has not been reposted.

Related: Fraud Detection Startup Moonsense Raises $4.2 Million in Seed Funding

Related: Aadya Raises $5 Million for SMB-Focused Security Platform

Related: Secure Access Startup Sonet.io Emerges From Stealth With $6 Million in Funding

Related: Coro Raises $75 Million for Mid-Market Cybersecurity Platform

Original Post URL: https://www.securityweek.com/data-protection-startup-optery-raises-2-7-million-in-seed-funding/

Category & Tags: Cybersecurity Funding,Data Protection,Funding/M&A,funding – Cybersecurity Funding,Data Protection,Funding/M&A,funding

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