Total raised
$4.0M
Last: Seed 2018-09
Stage
Seed
Founded
2018
Headcount
1
HQ
Tel Aviv-Yafo
Sector
Cyber Security
About
Barrel Protocol anonymizes users' data with an automated smart contract process, reducing costs, creating a consensus-driven standard for data silos, and enabling companies to make the most out of their data. Barrel Protocol provides a solution that aims to reduce costs associated with General Data Protection Regulation compliance, shorten sales cycles, lower the cost of integration, open new markets, and reduce the workload for developers. The platform provides a consensus-driven protocol for building smart data contracts, including consistent structures, quality assurance, and scoring. Barrel Protocol is a spinoff of Superfly Insights, a data trading and analytics company.
Funding history · 1 round · $4.0M total
2018-09
Seed
$4.0M
Sectors & technology
Primary sector
Cyber Security
Sub-sectors
Cyber SecurityData Security
Technologies
CryptographyTokenizationData StorageDLT & BlockchainArtificial Intelligence
Business model
B2CB2B
Tags
blockchaindata-protectioncompliancebig-dataprivacy-protectionartificial-intelligenceenterprise-solutionsgdprcyber-security