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Nexodata Inc

Nexodata offers a data protection platform that combines cryptographic data loss prevention (Zero‑Capture) with fault‑tolerant backup storage built on network coding techniques. The solution encrypts data at the point of creation, rendering stolen files unusable to ransomware attackers, while simultaneously providing efficient, resilient backup for enterprise workloads. Customers subscribe to the service on a usage‑based model, paying for protected storage capacity and related security features.

Calgary, CanadaFounded 2024450+ followers
Updated 3 months ago

Funding

Funding not disclosed

Funding rounds are not available yet.

Founders

Product

Problem

Organizations face increasing threats from ransomware attacks that compromise data backups, leading to data leakage, system lockouts, and costly ransom demands. Traditional backup methods often rely on full data replication, resulting in high storage and bandwidth costs without guaranteeing resilience against sophisticated cyber threats. Recovering compromised sites can be slow and complex, further disrupting business operations.

Solution

Nexodata provides a patented, software-defined distributed storage solution that enhances ransomware resiliency and improves data backup efficiency. The nEdge-nCloud platform fragments, encrypts, codes, and distributes data chunks across a multicloud environment, preventing data leakage by ensuring no single location holds a complete data set. By leveraging network coding technology, Nexodata accelerates the repair of compromised sites, reducing downtime and minimizing the impact of ransomware attacks. The solution integrates seamlessly with existing backup systems, offering a low-risk, high-value enhancement to current infrastructure.

Target Audience

Nexodata targets enterprises concerned about ransomware attacks and data loss, including those using multicloud backup environments and seeking to improve storage efficiency and data resilience.

Features

  • Patented nEdge-nCloud technology for fragmenting, encrypting, and distributing data across multiple cloud environments
  • Network coding-based data protection to prevent data leakage from ransomware attacks
  • Accelerated site repair, reducing recovery time by up to 50%
  • 25% improvement in storage efficiency compared to traditional full data replication methods
  • Seamless integration with existing data storage and backup systems
  • Software-defined storage solution compatible with public, private, and hybrid cloud environments
  • Compliant with industry standards for easy onboarding and compatibility
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