Klarytee, a UK-based cybersecurity startup founded by an immigrant entrepreneur, has successfully raised £700,000 in a pre-seed funding round. This early-stage startup, which integrates security directly into data, has garnered support from notable figures in the tech industry, including former Twitter CISO Michael Coates and former Group CEO of Bupa, Evelyn Bourke.
Founded in 2021 by Dr. Nithin Thomas, a serial entrepreneur with over a decade of experience in the security industry, Klarytee is set to transform how large organizations handle sensitive information. The startup’s software platform is particularly beneficial for sectors like investment banking and those leveraging SaaS and public cloud services, including generative AI.
A New Approach to Data Protection
The innovative security product encrypts fragments of data at the source in real-time. This approach ensures that any data content is protected beyond the enterprise boundary and across multiple workflows, whether in documents, SaaS applications, or even messaging and social media apps. The integrated local Large Language Model (LLM) scans for sensitive information, applying protection by default to prevent unauthorized access.
Collaboration with Microsoft and Future Prospects
As a Microsoft Partner, Klarytee has developed an add-in for Microsoft Word, allowing direct integration into document workflows for one-click encryption, decryption, and authentication. This feature ensures that decrypted data only exists within the memory of the user’s device or application, erasing permanently once the app or device is closed.
The Vision Behind Klarytee
Dr. Nithin Thomas envisions a future where enterprise security architecture is transformed, enabling teams to be more productive across platforms they use daily while embracing the latest technologies. The Uk-based firm aims to make sharing sensitive data, like banking passwords, secure and compliant, even over platforms like WhatsApp.
Endorsements from Industry Leaders
Michael Coates, former CISO of Twitter, highlighted Klarytee as an essential tool in a CISO’s armory, emphasizing its role in moving towards a data-centric security model. Reece Chowdhry, Founding Partner of Concept Ventures, also expressed excitement about the startup’s potential to transform enterprise data security in the age of cloud, SaaS, and generative AI.
A Milestone for Immigrant Entrepreneurship and Cybersecurity Innovation
The successful funding round is not just a financial milestone but also a testament to the innovative spirit of immigrant entrepreneurship in the UK. With its groundbreaking approach to data security, the cybersecurity company is poised to make a significant impact in the cybersecurity landscape, enabling organizations to embrace new technologies without compromising security.