Business

Local cyber security startup Anchor received investment from INVEST101 fund

Local cyber security startup Anchor received investment from INVEST101 fund

Local cyber security startup Anchor received investment within the scope of the INVEST101 fund established in partnership with the Turkish Development Fund and ODTU TEKNOKENT. Financial details of the investment were not shared.

Anchor is a SaaS platform that protects data through a combination of transparent encryption, persistent multi-factor access controls, and a digital chain of trust. Thanks to its patented advanced security algorithms, the Anchor platform enables the data owner to easily manage data regardless of time and data location.

With this new investment, Anchor aims to accelerate customer acquisition in target markets.

In the official statement made by the Turkish Development Fund, the following was stated, “We are very excited to be with Anchor in its global growth and product development processes.”

Source: Egirisim / Prepared by Irem Yildiz

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