Cryptographic key management and protection outfit Unbound Tech has raised $20 million in Series B funding to splash out on its global channel.
Unbound’s next-gen key orchestration platform provides the cryptographic infrastructure to enable enterprises worldwide to easily secure and manage all their information and digital assets. The latest funding round is led by Evolution Equity Partners, joining existing investors Innovation Endeavors, Goldman Sachs, Citi and BlueRed Partners, to help further fuel its global growth.
Following the funding round, Unbound will focus on growing its business in the Enterprise sector. Enterprises worldwide can benefit from the agility and efficiency of Unbound’s software-based cloud-agnostic solution. To support this mission, the company plans to increase its headcount an additional 30 percent by the end of Q1 2021.