Secure cloud start-up drie closes £410,000 in seed funding
Secure cloud infrastructure platform will use funding to grow its customer base across fintech, government and pharmaceuticals
drie, a secure cloud infrastructure platform, has secured £410,000 in seed funding from a group of unnamed angel investors and investment banks.
The round was structured in two parts, consisting of £150,000 closed in January 2016 and a subsequent £260,000 in the final quarter of the year.
drie enables its customers to run build, deploy and scale their apps and services, with Amazon Web Services (AWS) security best practices built in. The company claims its platform helps organisations avoid the costs and staffing levels usually associated with building and maintaining complex security infrastructure.
Targeting sectors including financial technology (fintech), government and pharmaceuticals, the funding will be used to grow drie’s customer base and meet demand.
Kalbir Sohi, drie’s CEO, commented: “drie’s investors have seen the significant disruption that the public cloud has caused in the financial services industry, enabling fintech start-ups to move quickly to build responsive customer applications.
“Using drie traditional institutions and their fintech rivals can adopt a faster approach to application deployment while maintaining AWS security best practice.”
drie’s lead investor commented: “This investment represents our belief that AWS and public cloud will continue to drive innovation in established businesses like investment banks as well as being the power behind the most successful and disruptive startups like Uber and Netflix.
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“It’s imperative that security is simple to buy and use, which is what drie represents.”