Madrona Venture Labs spinout Simplata launches targeted encryption for sensitive cloud app data, plans seed raise

Madrona Venture Labs spinout Simplata, led by CEO Steve Banfield and CTO Bruce Roberts, is building a targeted encryption solution to protect sensitive data in cloud applications and plans to hire and raise a seed round later this year.

SSteve Banfield MMadrona Venture Labs SSimplata Technologies SSimplata