Sepior ApS is a Denmark-based startup with a focus on digital asset security. Established in 2013, the company offers next-generation key management technology for online transactions involving institutional-grade cryptocurrency wallets, private blockchains, and SaaS applications. Sepior is at the forefront of the industry's transition to threshold cryptography, employing multiparty computation (MPC) to ensure data confidentiality, integrity, and availability for new and emerging online services.
For cryptocurrency exchange providers and institutional traders, Sepior addresses the crucial need for securing private keys associated with cryptocurrency stored in wallets, enabling institutional-grade wallet security and simplifying on-chain operations. The company's technology also reduces mining workloads and complexity.
Blockchain platform and app providers benefit from Sepior's solution for enterprise-grade data confidentiality and privacy. The company enables fine-grained access control without the need for channels, significantly improving simplicity and cost-effectiveness in managing access to specific information stored on the blockchain.
Additionally, Sepior solves the challenge faced by Cloud Service Providers (CSPs) by offering a cost-effective option for enterprise-grade encryption through key management as a service (KMaaS) running in the CSP's cloud. This enables CSPs to provide leading data encryption services, including support for BYOK, without the need for hardware security modules (HSMs).
The startup recently received a noteworthy $12.00M Series A investment on 01 December 2018 from SBI Holdings, marking a significant milestone for Sepior as it continues to shape the digital asset security landscape.