Venture capitalist invests in encryption technology – Yttrium acquires stake in FTAPI

Frankfurt: The downside of the digitization of administration, business and healthcare shows leaks and breakdowns in data transmission. This brings encryption technology to the focus as a segment of IT technology. According to information from the F.A.Z., the venture capitalist Yttrium acquires a stake in a cybersecurity company: They invest at least 15 million euros in the provider FTAPI in Munich. This was confirmed by Thomas Jetter, Partner of Yttrium.

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