https://techcrunch.com/2022/03/31/antimatter-raises-12m-series-a-to-help-saas-companies-keep-their-customer-data-secure/

With SaaS becoming the standard for most business software, the security demands on SaaS companies are constantly increasing. Add users who need their data sandboxed from others or kept in a specific geographic region and the workload for development and security teams only increases. Antimatter, which is coming out of stealth today and launching its service into private beta, offers a different kind of solution to these problems. It provides SaaS companies with the cryptographic infrastructure that can provably guarantee that a service meets their residency, governance and tenancy requirements, using secure enclaves that keeps data encrypted in transit, at rest and during execution.

The company also today announced that it has raised a $12 million Series A round led by NEA, with participation from General Catalyst, UNION Labs. The founders of Snowflake, Okta, Dropbox, VMware, Segment and Databricks also participated in this round.