Startups with Texas Engineering Roots Raise New Funding
Symmetry Systems
What the Company Does: Its DataGuard platform protects data by identifying sensitive information and highlighting areas of risk that could lead to a breach, such as third-party vendors and analysts with data access. The platform creates firewalls around that sensitive data to keep it from being accessed by hackers and other unauthorized personnel.
The Founders: Mohit Tiwari, associate professor in the Department of Electrical and Computer Engineering, is CEO and Casen Hunger, a former Ph.D. student of Tiwari’s, is the CTO. The company emerged out of research focused on protecting user data from cloud services and other applications.
The Deal: A $15 million Series A round led by Prefix Capital and ForgePoint Capital.
Additional Momentum: The company has spent the last six months refining its platform. Over that time, it has received feedback from more than 100 organizations and relied on advisors that have built security applications for companies like Netflix, Amazon/Whole Foods, Auth0 and more.
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