Myota provides a data security management platform that utilizes patented Shard & Spread™ technology to encrypt, shard, and distribute data across multiple storage locations, ensuring complete immutability and protection against cyberattacks. This solution reduces storage costs by 50% while guaranteeing 100% data availability and recovery, eliminating the risk of ransomware negotiations.
Funding
$11.1M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Traditional backup and storage solutions are vulnerable to cyberattacks, particularly ransomware, making them a prime target for malicious actors. Redundant infrastructure and growing storage costs also strain resources and budgets.
Solution
Myota provides a cyberstorage solution that utilizes patented Shard & Spread™ technology to encrypt, shard, and distribute data across multiple storage locations. This approach ensures data immutability and protects against cyberattacks, eliminating the need to negotiate with hackers. By sharding and spreading data, Myota reduces storage costs by 50% or more while guaranteeing 100% data availability and recovery. The platform integrates with existing storage, backup, cloud service, OS, and data management platforms to secure data in any format and location.
Target Audience
Myota targets organizations of all sizes seeking to enhance their data security posture, reduce storage costs, and ensure business continuity in the face of cyber threats, including CTOs, SVP Technology, and Directors of Investments.
Features
- Shard & Spread™ technology: Encrypts, shards, and distributes data across multiple storage locations for enhanced security.
- Quantum-Proof Encryption: Combines End-to-End and Zero-Knowledge Encryption for unbreakable privacy.
- True Immutability: Achieved through airgapping, Zero Trust separation, and automatic self-healing.
- Zero Trust Architecture: Fulfills Zero Trust requirements through immutable storage, encryption, geographical distribution, and robust access control.
- Data Footprint Reduction: Reduces data storage needs by 50% or more.
- Point-in-Time Recovery: Rewinds 100% of data to any point in time up to one second before an attack.