Loqbox Grow

Loqbox Grows: New Funding, Features and Accolades

Loqbox has reached new levels of success

Loqbox, a software company that aids businesses with data protection and data privacy, recently announced a series of milestones that show a phase of rapid growth for the company. This includes a new round of funding, product enhancements, and industry recognition.

$20 Million Added in Series A Funding

The latest Series A funding round brings Loqbox's total funding to $33 million. This will accelerate its plans to develop innovative data protection solutions for various industries, such as healthcare, finance, and e-commerce.

Expanded Product Offerings

Loqbox recently launched several notable product enhancements, including:

• Automated data discovery and classification
• Enhanced data loss prevention capabilities
• Improved compliance reporting and analytics

These features aim to streamline data protection efforts and empower organizations with greater visibility and control over their sensitive data.

Industry Recognition and Awards

Loqbox's achievements have garnered industry recognition. The company was recently named:

• A "Cool Vendor" in Gartner's 2023 Cool Vendors in Data Security report
• A Gold Winner in the 2023 Cybersecurity Excellence Awards
• A finalist in the 2023 RSA Innovation Sandbox Contest

These accolades reflect Loqbox's commitment to providing exceptional data protection solutions and thought leadership in the industry.