Last updated 2026-07-26
- Acquired by Coinbase for $150M, Nov 2021
- Raised $20M Series B led by Evolution Equity Partners, Oct 2020
- Raised $12M Series A led by Citi Ventures, Feb 2017
Total raised
$36.0M
Last: Undisclosed Round 2020-11
Stage
Acquired
Founded
2015
Headcount
30
HQ
Petah Tikva, Israel
Sector
Cyber Security
About
Unbound Tech, also known as Unbound Security, was an Israeli cybersecurity company that developed software-defined cryptography technology for advanced protection of cryptographic keys and credentials. Their solutions leveraged Multi-Party Computation (MPC) to ensure digital assets were secured and keys remained unexposed across various environments, including cloud infrastructures. The company's offerings included key management, virtual HSM, digital asset security, and device authentication solutions for enterprises and Fortune 500 companies.
Funding history · 5 rounds · $36.0M total
2020-10
B Round
$20.0M
★ Evolution Equity PartnersBlueRed PartnersInnovation EndeavorsGoldman Sachs Bank USA
2018-09
Grant
$19K
2017-02
A Round
$12.0M
★ Citi Ventures★ Innovation Endeavors★ Goldman Sachs Bank USA
2014-12
Seed
$2.0M
★ Innovation Endeavors
2012-12
Grant
$2.0M
Headcount over time
From 17 (2016-03) to 4 (2025-12) · -13 (-76%) · 11 points · source: Finder history + radar grounding
Q&A
- What was Unbound Tech's acquisition status and by whom?
- Unbound Tech was acquired by Coinbase in November 2021 for $150,000,000.
- What was Unbound Tech's last known funding round?
- Unbound Tech raised a $20,000,000 Series B round in November 2020, led by Evolution Equity Partners.
- What is Unbound Tech's primary focus in cybersecurity?
- Unbound Tech specialized in cryptographic key management and protection using Multi-Party Computation (MPC) technology.
- When was Unbound Tech founded?
- Unbound Tech was founded in 2015.
- How many employees did Unbound Tech have at the time of its acquisition?
- Unbound Tech had 11-50 employees.
- What was Unbound Tech formerly known as?
- Unbound Tech was formerly known as Dyadic Security.
- Which company partnered with Unbound Tech to offer a digital asset management solution?
- In October 2020, METACO partnered with Unbound Tech to offer a digital asset management solution.
- What was a significant product launch by Unbound Tech in 2018?
- In October 2018, Unbound Tech launched the first MPC-based crypto asset security platform designed to address the crypto custody problem.
Team · 3
Yehuda Lindell
Founder · Co-founder & CEO
Nigel Smart
Founder · Co-founder
Guy Peer
Founder · Co-founder & VP R&D
Sectors & technology
Primary sector
Cyber Security
Sub-sectors
Cyber SecurityCloud SecurityNetwork & Infrastructure SecurityIdentity SecurityData Security
Technologies
Data StorageCloudCryptographyEncryption
Target customers
Financial ServicesFinancial Institutions
Business model
B2B
Highlights
1 PatentsVerified
Tags
pkiauthenticationiamsecurity-gatewaynetwork-securitycryptographycyber-securitydatabase-securitymobile-securityencryptiondata-protectioniotfinancial-institutionscloud-basedcomplianceenterprise-securityenterprise-solutionscloud-securitydata-centers
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | unboundtech.com |
|---|---|
| linkedin.com/company/3238521 | |
| facebook.com/unbound.vHSM.tech | |
| YouTube | youtube.com/channel/UCeuLAo3R78xMPHOeIsGaynQ |
Identifiers & details
| Former names | Dyadic Security |
|---|---|
| Founded | 2015 |
| Employees (exact) | 30 |
| Offices | New York |
| Status reason | Acquired (Inactive) by Coinbase on Nov 2021 - closed due to acquisition |
Acquisitions & public offerings
Acquired by Coinbase 2021-11 $150.0M
Radar intelligence
Patents
| EPO | 42 |
|---|
Web history (Wayback)
| Domain | unboundtech.com |
|---|
Certificate / subdomain footprint
| Subdomains | 139 |
|---|
Israeli Companies Registrar (רשם החברות / ICA)
| Registrar # (ח.פ.) | 514944917 |
|---|---|
| Status | פעילה |
| Corp type | ישראלית חברה פרטית |
| Incorporated | 2013-07-09 |
| Purpose | לעסוק בכל עיסוק חוקי |
| Liability | מוגבלת |
| In violation (unfiled) | no |
| Last annual report | 2026 |
| Active charges / liens | 0 |
| Registry events | 3 — annual_report (1), violation (1), other (1) |
| Registered address | הפסגות 9 פתח תקווה |
Recent registry events
| Date | Event |
|---|---|
| 2026-07-07 | דו~ח שנתי-שינוי בהוראות בתקנון |
| 2026-07-07 | עדכון הפרה |
| 2026-07-05 | משפטי כללי / תגובה לבית משפט- הערה לנסח |