Today, we’re excited to announce @Evervault's $25M Series B, led by Ribbit Capital with continued support from @sequoia, @IndexVentures, @kleinerperkins, and @nextplayVC.
This round comes at a time when sensitive data exchange on the web is going parabolic. Since 2019, we’ve been focused on building durable infrastructure for engineering teams to collect, process, share, and enrich sensitive data -- while keeping it encrypted at all times.
We thought we were making good progress in encrypting the web, helping customers like @tryramp, @Rippling, @finix, @TheOverwolf, @Uniswap, @CarTrawler, and hundreds of others secure more than $5bn/year in payment flows and 100m+ unique tokens per month. But the past year has shown that our enemy -- plaintext data -- is getting stronger and more pervasive.
Our vision is to build the clearinghouse for sensitive data, helping companies exchange sensitive data in a secure and encrypted way. This round helps us encrypt more of the web by further refining our developer experience, building deeper integrations with trusted third-parties, and increasing the value we can offer our customers for more data types.
First and foremost, thank you to our customers. You trusted Evervault to sit directly in the flow of your most sensitive data (payments, identity, financial information, and more) and that trust is not something we take lightly. Your feedback, your requirements, and the problems you bring to us every day are what shape the product and push us forward.
Thank you to the Evervault team. What you’ve built is genuinely special: infrastructure that lets developers process sensitive data without ever having to see it in plaintext. The pace, craft, care, and ambition you bring to work every day are what makes this company what it is.
And thank you to our new investors for believing in the vision of making security architectural rather than procedural. We’re grateful to have partners who understand both the scale of the problem and the opportunity ahead.
The internet still assumes that sensitive data must exist in plaintext somewhere. We’re building the infrastructure to change that.
Onwards!
More here 👉 https://t.co/djNIWoQbGM
Why do some teams manage 30 PCI controls while others manage 300+? It comes down to a few architectural decisions about touching card data.
We're breaking this down Feb 11 → https://t.co/QiXINTbi3P
Today, we're launching ASV Scans, a simple, user-friendly solution to handle your quarterly PCI vulnerability scanning requirements. Learn more → https://t.co/UCtXxzsZKf
Evaluating network tokens? We’ve got you covered.
Join Evervault CEO @arcurn on Oct 29th to evaluate whether they're right for your business—and if so, how to implement them effectively.
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Serving high-risk merchants results in a disproportionate amount of chargebacks, customer drop-off, and support tickets—putting revenue and reputation at risk.
Join @arcurn for an exclusive webinar to address these challenges.
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Skimmers are evolving. So should your defenses. Evervault Page Protection prevents card data breaches at the source—right in your checkout.
+ It covers PCI DSS 4.0 requirements 6.4.3 and 11.6.1. So you can sleep—and audit—better. Sign up for free today.
https://t.co/StUmZ6lp4t
🔐Stay ahead of PCI DSS 4.0 changes.
New script security requirements (6.4.3 & 11.6.1) are coming—do you know what they mean for your org?
Join our webinar for a clear, actionable compliance guide.
📆March 12 | 🕛 12PM EST
Save your spot 👉 https://t.co/Kx20bCcr0H
Network tokens are the new standard for processing online transactions, but understanding their real value is confusing—especially with so much conflicting info out there.
Join @arcurn live next week as he clears things up
https://t.co/fqjJPQzLvv