Cybersecurity Startup Kapalya Closes Seed Funding Round Led by Caltrop Holdings LLC News provided by Share this article BERKELEY, Calif., Dec. 10, 2020 /PRNewswire/ -- Kapalya, an enterprise grade cybersecurity startup, has closed seed funding round led by Caltrop Holdings LLC, a global holdings company, headquartered in Irvine, California, USA. Funds from this round will be used to further enhance Kapalya's existing Encryption Management Platform (EMP) and to step up its efforts in sales and marketing in North America, the Middle East and Africa. For many organizations, the COVID-19 pandemic has mandated their employees to work remotely, making them more vulnerable to cyber-attacks and ransomware breaches. This puts their data and file-sharing at risk and brings about the need for end-to-end encryption, across multiple platforms, within the entire organization.