Anapaya enters growth phase with CHF 10 million investment

Please login or
register
07.05.2024
symbolic picture security

Anapaya secures business critical services with the SCION Internet architecture. The additional funding will power Anapaya’s global expansion efforts, further strengthen its presence in Switzerland, and drive adoption of the innovative solutions across diverse industries.

Anapaya, a pioneer in network solutions built on the SCION architecture, closed a CHF 10 million funding round, signaling a significant milestone in the company's growth trajectory. Cape Capital and Nagy Moustafa, seasoned company builder and tech investor, participated in the funding round, with additional investment from existing investors including SIX via its SIX Fintech Venture Fund and Mysten Labs.

SCION mitigates denial of service attacks, provides strong authentication options for all network traffic, and is by design immune to routing attacks, offering a security level not available with conventional IP networks. To this end, Anapaya Systems AG has been the major manufacturer of SCION infrastructure, which has been deployed in Switzerland in the banking and healthcare sectors. Anapaya provides secure Points-of-Presence (PoPs) in over 60 data centers around the world, enabling customers to connect from wherever they are located.

The newly secured funds will fuel Anapaya's ambitious plans for growth with a strategic focus on the following key areas:

  • International expansion: Anapaya is poised to extend its global footprint, leveraging the newly acquired funding to establish a stronger presence in key international markets.
  • Accelerated growth in Switzerland: With Switzerland serving as a cornerstone of its operations, Anapaya aims to further solidify its position in the local market and capitalize on emerging opportunities for growth.
  • Diversification into new industries: Building on its success in sectors such as finance and healthcare, Anapaya plans to expand its reach into new industries, including energy and payment systems, where robust internet security infrastructure is vital.
  • Migration to SCION with Anapaya: Anapaya is committed to ensuring that all critical internet services migrate to SCION with them. This initiative underscores Anapaya's dedication to enhancing the security and resilience of internet infrastructure worldwide.

"We are very excited to have Cape Capital and Nagy Moustafa join as investors as we secure business critical services with the SCION Internet architecture," said Martin Bosshardt, CEO of Anapaya. "This additional funding will power our global expansion efforts, further strengthen our presence in Switzerland, and drive adoption of our innovative solutions across diverse industries."

Alex Vukajlovic, Founder and CEO of Cape Capital, says "Anapaya's innovative approach to network security presents a compelling value proposition for businesses navigating today's digital landscape. We are excited to support their mission to revolutionize secure connectivity on a global scale."

Nagy Moustafa, Investor and CEO of InfoSec Global, added "InfoSec Global and Anapaya are disrupting the market with new technologies that strive to build digital trust and I strongly believe that together we can open new international opportunities. With this investment I hope to bring the vision of Adrian Perrig, the creator of SCION, to life and deliver reliable and scalable connectivity to the world."

(Press release / SK)

0Comments

More news about

Anapaya Systems AG

Company profiles on startup.ch

Anapaya Systems AG

rss