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Myota Raises $7.7M Series

Recently funded · $7.7M Series aTechnology, Information and MediaUSView source

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With cyberattacks on the rise, Myota is betting on a new paradigm: immunity over recovery. The company, which offers a cyberstorage solution designed to make security intrinsic to data at write time, has secured $7.7M in Series A funding.

Myota's patented Shard and Spread™ technology encrypts, shards, and then spreads data fragments to geographically dispersed storage, promising total ransomware immunity and instant data rewind without rehydration or downtime. The company claims this method also cuts storage infrastructure costs by an average of 50% and has never experienced a successful data breach.

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