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IronCore Raises $1.5M for Cloud Privacy and Data Control Platform

The Technology Facebook Should Have Been Using


Boulder, CO, USA – WEBWIRE –

If Facebook had been using our technology, they wouldn’t have lost control of the data for 87 million users.

IronCore Labs (https://ironcorelabs.com), the cloud privacy platform, today announced that it has closed an additional $1.5M of seed funding. The round was led by Next Frontier Capital with participation from Blue Note Ventures, PV Ventures, and several others. IronCore, a TechStars Boulder 2017 graduate, will use the funds to accelerate growth and to support its vision of empowering people and businesses to control their data. This round, composed of new and prior investors, brings the total funds raised to $3M.

“If Facebook had been using our technology, they wouldn’t have lost control of the data for 87 million users.  Today, if you use a cloud service, you don’t know who it’s shared with, you don’t know who the vendors’ vendors are, who their employees are, or who’s been browsing your data,” said Patrick Walsh, CEO of IronCore. “With IronCore, data owners retain control of their data no matter where it lives. They determine who can see it, monitor how it’s accessed, and can revoke that access at any time.”

High profile breaches and new regulations like GDPR are driving new requirements in enterprise software deals. IronCore helps developers meet these requirements quickly and thoroughly, enabling them to close those deals.

“We see enormous opportunity in IronCore, impacting essentially all software,” said Richard Harjes, Managing Partner at Next Frontier Capital. “Their path-breaking technology is transforming how private information is managed in a world of distributed data"

About IronCore

IronCore Labs (https://ironcorelabs.com), the cloud privacy platform, enables software developers and businesses to rapidly build privacy solutions with data control. Whether meeting GDPR or other compliance requirements, handling sensitive data safely, or deploying systems that give customers control of their data, IronCore removes the traditional developer obstacles to keeping data private and secure, while accelerating time to market.

About Next Frontier Capital

Next Frontier Capital is a Bozeman, MT based venture fund providing capital and support to regional technology companies toward achieving national or global impact. Founded in 2015, they focus on software, photonics and biotech companies found in the fast growing Montana and Rocky Mountain technology scenes. For more information, visit www.NextFrontierCapital.com

About Blue Note Ventures

Blue Note Ventures (http://www.bluenotevc.com) is an early stage venture capital firm investing in great technology companies and serving entrepreneurs committed to authentic leadership.

About PV Ventures

PV Ventures (www.pvventuresllc.com) is a venture capital firm that invests in seed-stage technology companies.  The firm is based in Colorado but makes investments across the U.S.

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