
Circuit Security
Keyless backup and recovery for crypto assets, enhancing security and streamlining disaster response.
Date | Investors | Amount | Round |
---|---|---|---|
investor | €0.0 | round | |
* | $4.5m | Seed | |
Total Funding | 000k |
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Circuit is a company that specializes in providing advanced protection for digital assets, particularly focusing on the backup and recovery of cryptocurrency without the need for key management. The company operates in the blockchain and cryptocurrency market, serving businesses and institutions that require secure and efficient management of their digital assets. Circuit's platform operates on a trustless basis, eliminating the need for third-party involvement and significantly reducing the risks associated with key management. This enhances security and streamlines the recovery process, making it both faster and safer.
Circuit's business model revolves around offering a suite of fault-tolerant microservices that monitor wallet activity to ensure assets are always backed up. The platform provides real-time threat response, allowing for the instantaneous reallocation of funds when a threat is detected. Users have full visibility over the coverage status of their recovery setups and receive live updates of any disruptions.
The company integrates with existing custody providers using standard API functionalities, building on top of existing transaction policies and inheriting the same degree of security. This integration empowers institutions to remove operational risk and ensures digital asset recovery in seconds, not days.
Circuit generates revenue through subscription fees for its platform services, targeting businesses and institutions that require robust digital asset protection and recovery solutions.
Keywords: keyless backup, crypto recovery, digital assets, blockchain security, trustless platform, real-time threat response, fault-tolerant microservices, wallet monitoring, API integration, operational risk removal.