EchoMark, a Kirkland, WA-based company, launched an AI-powered solution to safeguard private communications in the digital age and raised $10 million in seed funding.
SaaS Investors
The round was led by Craft Ventures.
Founded in 2017, Craft Ventures is an early-stage and growth fund dedicated to the craft of building great companies. Based in San Francisco, California, the firm seeks to invest in business products, business services, consumer products, consumer services, information technology, e-commerce, SaaS, TMT, cryptocurrency, and blockchain sectors.
EchoMark Use of Funds
The company will use the funds to further develop its forensic watermarking technologies and expand its offerings.
About EchoMark
Founded in 2022 by Troy Batterberry, EchoMark is a first-of-its-kind information protection SaaS (Software-as-a-Service) company that is pioneering a new standard for information protection. EchoMark's AI-powered, patent-pending solution embeds personalized forensic watermarks in documents and emails, safeguarding, rather than disrupting, private communications while promoting internal stewardship to deter leaks.
Funding Details
Company: EchoMark, Inc.
Raised: $10.0M
Round: Seed Round
Funding Month: September 2023
Lead Investors: Craft Ventures
Additional Investors:
Company Website: https://www.echomark.com/
Software Category: Watermarking Solution
Source: https://www.prnewswire.com/news-releases/echomark-launches-ai-powered-solution-to-safeguard-private-communications-in-the-digital-age-301939647.html