Data security startup Open Raven launches to prevent data breaches - Business Insider

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New data security startup Open Raven just launched out of stealth to tackle the next big security challenge: helping companies find where their data actually is and preventing the next big data breach

On Tuesday, the data security startup Open Raven launched out of stealth with $4.1 million in seed funding.

That's why he and co-founder Dave Cole launched the Open Raven, which finds where data is stored and protects it. On Tuesday, the 12-person data security startup launched out of stealth with $4.1 million in seed funding from investors like Upfront Ventures, Goldman Sachs board member Phil Venables, and Dragos.

"We're the only company that's figuring out where the actual data stores are," Curphey said. "Most of the people tackling data security, you have to know where your data is. If you look at all the breaches that are happening, breaches are happening because people don't know where the data stores are in the first place."Curphey and Cole met at Internet Security Systems 20 years ago.

After leaving their most recent roles, Curphey and Cole both got together to figure out what's next. Cole had always wanted to be a CEO, while Curphey had already done that at SourceClear and wanted to focus on the product, so he says it was a "perfect fit."

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