Logo Qohash
Qohash Secures $8M in Funding With Cutting-Edge Data Security Solutions Helping Companies Stop Global Increase in Data Breaches

(Quebec City) Jan. 14, 2021: As industries continue to face economic upheaval in the wake of COVID-19, data security startup Q​ohash​ has announced raising CAD 8 million in a Series A round of funding led by FINTOP Capital. Qohash is the next generation of security for a data-driven world through trailblazing solutions and inclusive company culture.

In the last year, tens of millions around the world now telecommute. In Owl Labs’ “State of Remote Work” report, 52% of employees work remotely at least once per week. The influx of millions operating on personal, unsecured computers gave rise to a wave of cyberattacks in 2020, critically impacting some of the world’s largest brands. According to ISACA, the financial fallout is projected to reach USD 6 billion.

Now more than ever, consumers look for a deeper level of trust regarding their data’s custodianship, and companies have a greater responsibility to protect their customers’ sensitive data. Working with leading financial institutions seeking smarter applications that seamlessly adapt to remote work complexities, Qohash’s data security technology is designed to meet an ever-changing landscape.

Far too many companies are unwittingly using data security technologies that are cumbersome and outdated, leaving them unable to face today’s challenges, let alone equipped to anticipate tomorrow’s. Qohash is the disruptor in an industry that is becoming antiquated and its technology obsolete.

Qohash’s flagship SaaS platform Q​ostodian™ allows companies to monitor sensitive data flow between employees and their personal computers and accounts to detect high-risk situations in real-time. Qostodian™ makes it possible to secure data with superior deployment, cost, and performance parameters. ​Qostodian Recon​™,​ an on-premise platform, empowers firms to find and classify sensitive data on network drives and servers — processes that used to take hours now deliver results in minutes.

“Customers want data protection that can evolve to meet new challenges,” said Qohash CEO Jean Le Bouthillier. “Qohash’s solutions are easy to deploy and cover on-premise and cloud-based sources. Working with security-conscious, industry-leading firms, Qohash has helped them achieve their goals faster and with greater flexibility.”

With plans to expand across North America and accelerate commercialization, Qohash has also announced that John Philpott, General Partner of FINTOP Capital, and Laurent Simoneau, President and CTO of Coveo, will join Qohash’s Board of Directors.

“We are investing capital into a company with a laser focus and commitment to deliver data security solutions that are highly accurate and easy to operationalize,” Philpott said. “It’s our view that the discovery, control, and risk management of sensitive data is a top priority for companies continuing the accelerated move to remote work and zero trust distributed architectures.”

As remote working becomes the new normal, data security should be a top priority for any business. ​Qohash​’s passion for helping keep businesses secure with 21st-century solutions to mitigate risks is at the core of their success.

Because Qohash is the future of data security, and that future is now.





About Qohash:
Qohash is a leader in data security software development that blends innovative and easy to understand security technologies, allowing businesses to gain visibility on sensitive data. Founded in 2018, Qohash is currently available in the U.S. and Canada and has scaled rapidly to provide customers with solutions tailored to meet today’s hybrid and remote work environments in the financial services sector.

About FINTOP Capital:
FINTOP Capital is a venture capital firm focused on Financial Technology (FinTech) companies with offices in Nashville, Tenn., St. Louis, Mo., and New Jersey. They bring strong networks, experience, and capital to entrepreneurs building B2B service-enabled SaaS and software companies in the FinTech space. To learn more, visit​ www.fintopcapital.com.​

Media Contact:
Sophie Lapointe
Head of Marketing
Qohash Inc.
(418) 261-4727
[email protected]

Product:

www.qohash.com

Related links:

https://www.owllabs.com/state-of-remote-work

https://www.isaca.org/resources/news-and-trends/industry-news/2020/top-cyberattacks-of-2 020-and-how-to-build-cyberresiliency

A propos de l'auteur

A propos de l'auteur

Recommended for you

A Comprehensive Guide to Sensitive Data Discovery in Unstructured Data
Blog
Introduction to Sensitive Data Discovery Sensitive data discovery is a critical process for organizations aiming to safeguard their in...
Data Security Harnessing the Power of Data Classification in Management Strategies
Blog
As technology continues to advance at an unprecedented pace, the importance of data security has become increasingly critical. With the r...
Data Security Posture Management in 2024
Blog
Data security has always been a top priority for organizations, but as we enter the year 2024, the industry is witnessing a significant s...
ISO27001 Certification
News
Qohash, a leading data security posture management company, is pleased to announce that it has recently obtained the prestigious ISO 2700...
Qohash - top100wfa
News
Qohash, a leading innovator in data security posture management, has been selected as one of the Top 100 Next-Generation Companies by the...
BLOG - Qohash (4)
Blog
Insider threats pose a significant risk to organizations of all sizes and industries. These threats can arise from current or former empl...
Logo Qohash
By initiative
Regulatory compliance:
Find, classify and inventory all sensitive data, across every data source
Data breach prevention:
Monitor sensitive data 24/7, track data lineage, and enforce policies at endpoints
Microsoft 365
One easy-to-use platform to secure sensitive data on Windows workstations and M365
By regulation
GDPR
CCPA
GLBA
VCDPA
NYCRR
UCPA
PCI-DSS
CPA
Law 25
Why Qohash
Defy legacy limitations
What our customers say about us

Contact us​