London-based cybersecurity start-up Klarytee has secured £700,000 in pre-seed funding, with Concept Ventures leading the round. Involved in the funding round were several former Big Tech executives, including former Twitter CISO Michael Coates, ex-managing director of Accenture Brad Cable, board member of The Tor Project Desigan Chinniah, and the founders of Digital Shadows. Klarytee offers a software platform that encrypts and applies access control to sensitive information, resulting in security being built into the data itself. The solution enables enterprises to retain complete visibility of the data. Founder Dr Nithin Thomas was inspired to create Klarytee after being convinced that productivity suffered in an organization where security measures were implemented to control the data solely within the organization’s boundaries rather than securing the data itself. The platform is designed to encrypt data fragments in real time, making it secure even outside the organizational boundaries, including across SaaS applications or messaging and social media apps. The platform’s local large language model integrated within Klarytee automates the protection of sensitive data, so it cannot be exposed to unauthorized access. Klarytee has developed an add-in for Microsoft Word, which seamlessly integrates with its document workflow and enables one-click encryption, decryption, and authentication. Authenticated users can access and decrypt the data, which is then erased once closed. Klarytee is already used in investment banking deal teams and leveraged on public cloud services and generative AI. With Klarytee, organizations can collaborate and share data with ease, while embracing the latest technologies. “Data has become the most valuable asset a company owns, but evolving workplace habits that require greater collaboration and sharing of data are putting enormous pressures on enterprise security,” says Dr. Thomas. Klarytee’s approach simplifies the enterprise security stack by focusing on data, not infrastructure, which CISOs find incredibly powerful and essential.
