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Atakama disrupts the cybersecurity industry with technology that stops Ransomware dead in its tracks.

Atakama is a New York City based company, that provides cybersecurity products based on its patented distributed key management (“DKM”) technology.

The company’s software enables enterprises across the globe to secure sensitive data in the face of a data breach. Seeking a total of $10 million equity, of which $6+ million was raised within days of going live. 

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Industry

Technology

Company Type

Cybersecurity

Size

$10 Million

Investment Type

Equity

HIGHLIGHTS

Our Offering Overview

  • Rapid market adoption: total contract value exceeds $2 million, annual recurring revenue more than $1.25 million, up 6x y/y

  • Growing customer base: more than 60 customers, including Fortune 100 companies, top-20 law firm, and one of the largest asset managers in the Southeast U.S

  • Strong sales metrics: average contract value up 3.75x y/y, now greater than $22,000. ACV greater than $34,000 for deals in pipeline. 64% of deals on multi-year contracts. 60 day average sales cycle

  • Advancing cybersecurity for the U.S. Department of Defense: Secured a $750,000 award with the U.S. Department of Defense with a multi-phased total contract opportunity of $15 million

  • Active distribution partners: The company has six active resellers, 34 engaged and nine in initial recruitment

THE CHALLENGE

We solve the challenge of Data Privacy and Protection

Cyberattacks targeting personal and sensitive data are at an all-time high, with various adversary nations and independent hackers constantly increasing and evolving their attack tactics. As a result, large and small organizations and government entities worldwide continuously find themselves in the cross-hairs of cyberattacks.

Cyberattacks are at an all-time high. There have been 50% more attack attempts per week on corporate networks in 2021 versus 2020.

Large-scale, well-publicized incidents such as SolarWinds-related  attacks of 2020 and other high-profile attacks on entities such as Twitter,  Marriott, MGM and Uber have caused financial and various other damages.

The global average cost of a data breach in 2022 was $4.35 million, and the average time to identify a breach was 277 days.

50% of cybersecurity budgets in  2020 were devoted to security services.

58% of breaches in 2020 involved personal data.

50% of large enterprises are spending $1 million or more annually on security.

THE OPPORTUNITY

Your data remains secure throughout a successful cyberattack

Atakama eliminates the threat of data compromise in the face of a cyberattack with patented technology, unavailable for any other solution on the market:

Each object is encrypted with its own unique key

Each sensitive data file is protected with its own unique encryption key. That key is split across multiple devices. The data can only be decrypted when the pieces of the encryption key are reassembled.

Each key is split and distributed across multiple devices

This splitting of keys – known as distributed key management, means that multiple devices are simultaneously required to unlock encrypted files, making the security airtight.

BUSINESS BENEFITS

How we can help businesses survive these attacks

Highest Form of Security


With Atakama’s technology, even attackers that have gained administrative privileges on a system are stymied from accessing sensitive data, as the keys used for data encryption are segregated from the system itself.

Stop Even the Most Seasoned Attackers


To stop attackers from gaining access to sensitive data, even if they are able to breach system perimeters or gain administrative privileges.

Eliminate Central Points of Attack


Traditional key management systems involve central repositories of keys, creating an attractive target for attackers. With Atakama, no such repository exists, and the system has no central point of attack or failure.

Optimal User Experience


Users enjoy a seamless and productive experience while fully protected from a data breach.

COMPANY PERFORMANCE

Our rise to success

A strong year for revenue, contract value, customers and pipeline

Revenue, TCV and Customer Count: Last 12 Months