Sagewind Capital (Sagewind), a New York-based middle-market private equity firm, has led the Series B financing of Code-X, a security software company that protects sensitive information and systems using its proprietary lattice-based technology.
Code-X has developed the first-ever commercially available lattice-based data protection platform that protects data, at rest and in motion, from the threat of quantum computing. The platform protects sensitive information across all IT environments while enabling authentication, management and monitoring data and systems in real time. Code-X’s platform is relied upon by the United States Department of Defense (DoD) and the intelligence community. The Series B funding will be used to support Code-X’s continued growth.
In conjunction with the financing, industry veterans Deborah Dunie, Bob Donahue, Jr, and Raj Kanodia will join the Code-X Board of Directors.