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Quild #8: InCountry

Data residency-as-a-service

This is the Quild daily, highlighting one early-stage startup that has statistically significant signals of becoming a unicorn.

InCountry logo

InCountry is a data residency-as-a-service platform that enables global data compliance for international business. The platform securely stores, processes, and regulates profile data in its country of origin, helping multinationals scale by providing easy integration in under ten minutes.

Founder: Pater Yared (CEO)

Signals:

  1. Repeat exited founder. Peter has built and sold a handful of companies as both CTO and CEO. More recent ones listed below

    1. Sapho, sold to Citrix for $200M (NASDAQ:CTXS, being acquired for $16.5B)

    2. Postano, sold to Sprinklr for $2.4M (NYSE:CXM)

    3. Transpond, sold to Oracle (NYSE:ORCL)

    4. WaveMaker, sold to VMWare (NYSE:VMW)

  2. Seasoned executive. Peter was also the CTO at major companies

    1. CBS Interactive (Fortune 109)

    2. Sun Microsystems (acquired by Oracle)

    3. NetDynamics (acquired by Sun Microsystems)

  3. Growing sales team. Doubled business development / sales team over the past year

  4. Midas list investors

    1. CRV

    2. Felicis Ventures

Till tomorrow, Kenn