Evervault which is a start-up based out of Dublin was able to raise 3.2 billion dollars to support its mission of making data privacy easy, convenient and for all.
Founded by Forbes’ 2018 30 Under 30, nineteen- year-old Shane Curran, a cloud- based secure processing product is being built that has the infrastructure to lessen the gap between secure cloud hardware and web/mobile applications.
Data is everything in today’s world and at ever vault, they are striving to find the solution to how data remain safe and private. Mamoon Hamid, partner at Kleiner Perkins says that evervault’s developer-centric approach is helping to ensure that securing data is a proactive step taken in the development fabric rather than being a reactive one, which is like an afterthought left for compliance to troubleshoot.
The Irish company organized a bunch of hardware-secured data processing programs that focus on helping developers to simply deploy their applications in privacy cages. here the data is processed securely with the help of hardware- hardened containers without the need to alter the way they develop their software as the access is strictly controlled.
Shane Curran, founder, and CEO was exceedingly disappointed with the fact that even now the data privacy toolkit for developers is completely lackluster. He further added that he is happy to get support from some of the leading investors in the world as it will give a scope to accelerate them on their path to fundamentally re-architect how one’s personal data is handled.
Such a young CEO does indeed represent a new generation. The 19-year-old won the 2017 BT Young Scientist & Technology Exhibition for research in cryptography and data privacy while he was still in secondary school.