Ockam

Ockam

Provides secure data access solutions for businesses

About

Ockam provides secure data access solutions for businesses, focusing on cybersecurity and data management. Their products enable secure communication between applications and databases, allowing enterprises to access private databases without exposing them to the public internet. This is accomplished through encrypted portals that protect data as it moves across networks. For example, Ockam's solution for Kafka streams ensures data authenticity and integrity by encrypting it during transmission. The company operates on a subscription-based model, offering tools like the Ockam Orchestrator for managing secure data access and TCP portals for secure connections to remote servers. Ockam distinguishes itself with a strong emphasis on high uptime and reliability, making it a trusted partner for enterprises that prioritize data security.

Company Stage

Series A

Employees

11-50

Industries

Data & Analytics, Cybersecurity

Total Funding

$20.8M

Headquarters

San Francisco, California

Founded

2017


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Simplify's Take

What believers are saying

  • Growing demand for zero-trust security aligns with Ockam's offerings and market position.
  • Partnerships with cloud providers like Snowflake expand Ockam's reach and integration capabilities.
  • The subscription model provides steady revenue and fosters customer loyalty for Ockam.

What critics are saying

  • Rapid expansion into Snowflake Marketplace may lead to integration challenges and vulnerabilities.
  • Competition from established Kafka vendors could challenge Ockam's zero-trust streaming platform.
  • Reliance on open-source projects exposes Ockam to vulnerabilities and update requirements.

What makes Ockam unique

  • Ockam offers networkless, secure-by-design solutions built in Rust for robust security.
  • Their open-source model allows flexibility and cost-effectiveness for enterprise clients.
  • Ockam's zero-trust connectors on Snowflake Marketplace enhance secure data access across enterprises.

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Growth & Insights
Headcount

6 month growth

-4%

1 year growth

-12%

2 year growth

16%

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