Evervault raises $3.2M from Sequoia, Kleiner for an API to build apps with privacy baked in

Data privacy for apps is typically part of the purview of compliance teams — a model that isn’t always perfect, judging by the number of breaches and the extensive regulation that’s been (and is still being) put in place to force companies and organizations to behave better.

Now, in an effort to improve how apps manage data privacy, a startup called Evervault — founded by a 19-year-old in Dublin, Ireland — is building a data protection solution aimed at developers, by way of an API, which aims to bake data protection into the app from the start.

Ultimately, the aim will be to sell Evervault into any app or piece of software that uses PII (personally identifiable information), to help developers build encrypted “data cages” to handle the information from the moment it’s ingested.

The aim with Evervault, he said, is to make a service more secure with regards to personal data, but in a way that doesn’t compromise the experience for the user, or the app/software company itself.

The idea of building a completely new way of handling data protection, while using a method that will let businesses continue operating as they do, is part of what compelled some of this investment.

“Data is king, and the team at Evervault is on a mission to solve the ‘how’ of ensuring data privacy,” said Mamoon Hamid, partner, Kleiner Perkins.

We’re thrilled to partner with Evervault and help build the new internet infrastructure for data privacy.”

“We are thrilled to partner with Evervault at the seed, to solve for today’s massive data breaches and build simple developer tools for data privacy.”

Full Article