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 private databases and data streams to be securely accessed from any application worldwide. Ockam's key offering includes creating secure access to private databases without exposing them to the public internet, using encrypted portals to protect data as it moves across networks. For example, their solution for Kafka streams ensures data authenticity and integrity through encryption. 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, boasting near-perfect service availability. Their goal is to provide essential security solutions that protect sensitive data while allowing seamless access and communication across applications and networks.

Company Stage

Series A

Employees

11-50

Industries

Data & Analytics, Enterprise Software, Cybersecurity

Total Funding

$20.8M

Headquarters

N/A

Founded

2017


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Simplify's Take

What believers are saying

  • The recent $12.5 million Series A funding round from prominent investors like Craft Ventures and Okta Ventures indicates strong financial backing and growth potential.
  • Ockam's solutions, such as the Ockam Orchestrator, provide enterprises with robust tools for managing secure data access, enhancing their appeal to security-conscious clients.
  • The launch of the zero-trust streaming data platform with Redpanda positions Ockam as a leader in secure data streaming, potentially attracting more high-value enterprise clients.

What critics are saying

  • The highly competitive cybersecurity market requires continuous innovation to maintain a competitive edge.
  • Reliance on partnerships, such as with Redpanda, may pose risks if the collaboration faces challenges or fails to deliver expected results.

What makes Ockam unique

  • Ockam's focus on zero-trust architecture for streaming data platforms sets it apart in the cybersecurity market.
  • Their encrypted portals for secure data access without exposing databases to the public internet offer a unique security advantage.
  • The partnership with Redpanda to create a zero-trust streaming data platform highlights their commitment to secure, scalable solutions.

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Growth & Insights
Headcount

6 month growth

-4%

1 year growth

-12%

2 year growth

16%

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