Secrets Vault, the Barcelona-based startup created by two of Scytl’s founders, has developed an innovative solution that allows sensitive information to be accessed, protected and shared using images instead of traditional passwords. With this disruptive proposal, the company has successfully closed its first round of investment, reaching €400,000. This round has been supported by Bcombinator VC II and various Business Angels, and will allow Secrets Vault to strengthen its technological development and accelerate its global expansion, consolidating itself as a benchmark in the field of visual cryptography.
Secrets Vault was born as a solution to a global need: Many people and companies do not protect their sensitive information correctly. In many cases, this is because current tools are perceived as too complex or because the serious consequences that can result from the loss of sensitive data are underestimated or unknown.
Secrets Vault offers a simple and secure way to access and protect sensitive data of companies and individuals, such as passwords, confidential documents, photographs, or cryptowallet seed phrases. Encryption occurs directly on the user’s device, guaranteeing absolute privacy, and replacing complex passwords with innocuous images, a method that is more intuitive and accessible even to people without technical experience. With just four simple steps, any user can protect their information:
In just five minutes, a user or business can mitigate the impact of a major data loss.
Behind this innovation is an advanced cryptographic protocol conceived by Jordi Puiggalí. Co-founder and CTO of Secrets Vault, he has more than 30 years of experience in IT, cryptography and cybersecurity, holds 49 patents and authors more than 50 scientific articles. This protocol combines advanced image processing, homomorphic encryption, zero-knowledge proofs and multiparty computing. to offer a unique solution that guarantees maximum protection of digital information.
“The purpose of Secrets Vault is to simplify the protection and management of sensitive data without sacrificing maximum security. Thanks to its advanced encryption protocol and secure sharing, the user can access systems, protect critical information and share it with trusted people using an image, without having to remember complex combinations of characters,” says Gerard Cervelló, CEO of Secrets Vault. Gerard has more than 25 years of experience in IT, cybersecurity and cryptography, has led the growth of three international startups, and holds 5 patents.
With the €400,000 raised in its first round of investment, Secrets Vault plans to expand its international presence, strengthen its technical team and continue to develop its technology with new functionalities aimed at improving the user experience: “We are facing a unique opportunity to transform the way people and organizations manage their confidential information and access their systems. This financial support will allow us to advance in our mission to become a benchmark in digital security,” adds Gerard.
“At Bcombinator we are excited to join the first round of investment from Secrets Vault, an innovative startup in digital security. Their unique approach to using images to protect data resonates with our strategy to support efficient and scalable technologies, shaping the future of cybersecurity. This investment reaffirms our commitment to companies that lead in their sectors,” said Erik Brieva, President of Bcombinator.
With this goal, Secrets Vault seeks to facilitate digital security for everyone. Users interested in trying this innovative solution can register now and access a free version.
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