"Sookasa is the first company to consumerize compliance and make it accessible to professionals at companies of all sizes. "Sookasa is uniquely positioned at the junction of cloud and mobile security," said Sameer Gandhi, Partner at Accel Partners, who led the investment in Sookasa. Files are encrypted anywhere they are placed, including on the cloud, mobile devices and desktops, and remain protected even when shared externally. With Sookasa, organizations now have a self-service turnkey encryption and compliance solution that enables their employees to safely use their favorite mobile devices and cloud services. Current encryption solutions require heavy IT resources, restrict user freedom and significantly hurt user experience. However this creates significant challenges in regulated industries because the loss of even a single device connected to a cloud account can cause a catastrophic data breach and significant legal liability. The new funding will be used for continued development and to expand Sookasa's traction in key regulated industries such as healthcare, education, legal and finance.Ĭloud services such as Dropbox, Box and Gmail are powerful tools that enable easy sharing and collaboration across multiple platforms and devices. The existing group of investors includes First Round Capital, SV Angel and other leading angel investors. Sookasa is the first company to enable professionals to natively use their favorite cloud services, such as Dropbox and Gmail, and mobile devices, while transparently encrypting sensitive data and addressing regulations such as HIPAA and FERPA.Īs part of the company launch, Sookasa also announced its Series A round of funding, led by top-tier venture capital firm Accel Partners, with continued participation from existing seed investors. SAN MATEO, CA-(Marketwired - Apr 2, 2014) - Sookasa, Inc., an innovator in compliance for popular cloud applications and mobile devices, today emerged from stealth mode to radically simplify the protection of sensitive files across popular cloud services and mobile devices.
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