Citi Ventures has joined Goldman Sachs and Innovation Endeavors for a series B round that will help the cryptographic software developer boost its sales and marketing.
US-based cryptography software developer Dyadic Security closed a $12m series B round on Tuesday backed by Citi Ventures, financial services firm Citi’s strategic investment fund.
The round also featured investment banking firm Goldman Sachs’ Principal Strategic Investments group and venture capital firm Innovation Endeavors.
Dyadic has created a software-defined cryptography platform that enables enterprises and banks to virtually store and manage their cryptographic keys, where they are available to be used onsite or in the cloud, on servers and mobile…
