News
SandboxAQ Acquires Cryptosense
September 2022 by Marc Jacob
SandboxAQ, an enterprise SaaS company delivering the compound effects of AI and Quantum tech (AQ) to governments and the Global 1000, today announced it has acquired Cryptosense, a leading cybersecurity and encryption analysis software company. SandboxAQ’s acquisition comes just weeks after the company unveiled its Strategic Investment Program and initial investment in evolutionQ.
The acquisition of Cryptosense complements and accelerates the deployment of SandboxAQ’s Post-Quantum Cryptography (PQC) solutions to corporations and government institutions worldwide. SandboxAQ’s cybersecurity products enable large enterprises to scale cryptography management across their IT infrastructure, providing CISOs with a single, 360° view of how encryption is used throughout the enterprise – a critical first step in migrating to PQC.
This migration to stronger cybersecurity is important for critical infrastructure sectors such as financial services, technology, energy, biopharma, logistics, and government.
Cryptosense is used by leading technology and financial services organizations and is a fellow NIST NCCOE partner. The combined customer relationships will help SandboxAQ bring its PQC solutions to market faster and protect these organizations and their customers from existing and emerging quantum threats, such as Store Now, Decrypt Later (SNDL) attacks.
Cryptosense was advised by Stifel and Hogan Lovells. SandboxAQ was advised by Morgan Lewis.
