Myota  logo — Shard and Spread™ your data to cut costs by 50% or more. Ope...

Myota

Shard and Spread™ your data to cut costs by 50% or more. Operate Unbreakably™ with Myota.

Founded 2017 United States United States 17 employees Venture round Total: $10.12M AI, Cyber Security +2

General Information

Company Name Myota
Founded Year 2017
Location United States United States
Employees 17
Industries AI, Cyber Security, Data Analytics +1
Funding Stage Venture round
Social

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About Myota

Myota is a pioneering company in the Information Technology industry, founded in 2017 and headquartered in the United States. The company's slogan "Your Data. Everywhere. Secured." reflects its core mission of rendering the impact of data breaches, ransomware, and downtime obsolete. Myota's innovative approach to data security goes beyond traditional immutability. It ensures 100% data durability, offering robust protection against ransomware threats and breaches, regardless of data classification as hot, warm, or cold. The cornerstone of their platform is the Shred and Spread™ technology, which leverages quantum-proof encryption and innovative data storage. This involves dividing files into encrypted chunks, transforming them into immutable data shards, and storing these shards across multiple nodes with double parity, ensuring constant accessibility and security even during IT outages. In March 2024, Myota secured a significant $2.25M Venture Round investment, indicative of investor confidence in their groundbreaking technology. The identity of the participating investors, though unspecified, highlights the interest and support garnered from the venture capital community. Myota's novel approach and recent investment position it as a notable player in the evolving landscape of data security and accessibility.

Taxonomy: data protection, data security, ransomware protection, AI-based security management, downtime prevention, storage infrastructure, sensitive information, risk mitigation, data breaches, critical data protection, operational efficiencies

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round $2.25M -
01 Mar 2024
Series A $5.77M 1
PACA Ventures
14 Jun 2021
Seed Round $2.10M -
14 May 2018

Myota Alternatives & Competitors

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Continuity
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FAQ About Myota

Shard and Spread™ your data to cut costs by 50% or more. Operate Unbreakably™ with Myota.
Myota was founded in 2017.
Myota is headquartered in United States.
Myota operates in AI, Cyber Security, Data Analytics and Information Technology. Its work centres on data protection, data security, ransomware protection and AI-based security management.
Myota has approximately 17 employees.
Myota has completed 3 funding rounds, raising a total of $10.12M. The latest funding stage is Venture round.
Top alternatives and competitors to Myota include Continuity, Panzer IT, OPSWAT, ShardSecure, Zemana Information Technologies. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Myota and Continuity are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Myota , https://bouncewatch.com/company/myota, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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