Enveil’s Founder and CEO was profiled by Authority Magazine as part of its “Inspirational Women in STEM and Tech” series.
What do you think makes your company stand out? Can you share a story?
Enveil is focused on protecting Data in Use to enable secure search, sharing, and collaboration. We secure data while it’s being used or processed by leveraging a technology called homomorphic encryption which allows data to be processed in its encrypted state. By remaining focused on eliminating the Data in Use security gap, we complement data-at-rest and data-in-transit encryption to fill a gap in the overall the data security landscape to ensure sensitive data remains protected throughout the processing lifecycle. When we started the company a little more than three years ago, this was a problem very few people were talking about so we really had to start from scratch to build a market.
Just a few months after starting the company, we applied for RSA’s Innovation Sandbox competition, the industry’s leading contest for up-and-coming security companies to pitch their cyber innovations. We were accepted to present — the youngest company ever to participate — and were ultimately named one of the winners. It was a whirlwind way to start the company but it provided great exposure and opened a number of doors that would have taken much longer for us to pursue without that jumping off point.
Are you working on any exciting new projects now? How do you think that will help people?
There is great momentum in the market right for a number of secure data collaboration use cases, especially in financial services community. Right now we are finalizing our Series A funding and also working on several new product lines that we’ll be announcing in the months ahead.
Read the full Q&A here.