SAN FRANCISCO, Calif., November 9, 2019 -- Cryptyk Inc., a US based developer of enterprise-class cyber-security and cloud storage products, has announced that is has launched its first equity investment round since March 2017. In mid-2020 Cryptyk will release a decentralized cloud security and storage technology that has the potential to become the first ultra-secure enterprise equivalent of consumer facing Google and Apple cloud environments. The company is raising $2 Million from private accredited investors to fund the marketing and sales efforts for its upcoming 2020 product releases.
The company is raising US$2 Million of private equity investment capital from accredited investors, investor pools, family offices and private equity firms at a company valuation of US$20 Million. The minimum investment is $200,000 for 1% equity up to a maximum of $2 Million for 10% equity. While several investor presentation events have been scheduled for New York and San Francisco during November, any qualified investor can participate by downloading the offer documents and completing the application form at
Cryptyk CEO Dr. Adam Weigold commented that "this offer at a $20 Million valuation is great value for a Series A round for a post-revenues cyber-security startup with a disruptive technology and no real competitors in a $175B market. This is only double the $10 Million valuation of our last equity round which was over 2.5 years ago before we had launched our first product in the CTK Token. We have been very selective with our investor shareholders in the past, and this strategy will continue for this round. While we anticipate to close this round by the end of the year the early interest in this offer has been amazingly strong and our first investment agreements have already been signed. I wouldn't be surprised if this round is closed before the end of November."
For an Information Memorandum and Pitch Deck see www.cryptyk.com/investment-application-form/
For more information about the CTK Token Economy see www.cryptyk.io
For more information about the CRYPTYK CLOUD PLATFORM see www.cryptyk.com
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