Latest news with #PatrickMoreu
Yahoo
12 hours ago
- Business
- Yahoo
LiveDrop Raises $2.5 Million in Oversubscribed Defense-Focused Seed Round
EINDHOVEN, Netherlands, June 20, 2025--(BUSINESS WIRE)--LiveDrop, a pioneer in secure offline data transfer, has successfully closed an oversubscribed $2.5 million seed round. The round was led by Value Creation Capital, joined by the Dutch fund Secfund and UK-based Kadmos Capital. Existing investors, including Patronum Investment, also participated, reaffirming their confidence in LiveDrop's mission. In addition, a select group of strategic angel investors, including Wi-Fi pioneer Cees Links, contributed to the round. Founded in 2021 in Eindhoven, LiveDrop develops proprietary technology for fast, secure, and fully offline data transfer using optical encoding. As a software-based solution that runs on standard hardware – such as laptops, smartphones, and cameras – LiveDrop's technology can be seamlessly integrated into mission systems and existing software environments. This enables secure, unidirectional data exchange without the need for wireless or network-based communication, which is critical in defense and national security operations. The company's twelve-person team focuses primarily on the Defense & Security sector, with additional potential applications in Cybersecurity, Healthcare, and secure end-user devices. LiveDrop's dual-use strategy ensures relevance across both military and civilian markets, contributing to safer data handling in sensitive environments. Patrick Moreu, CEO of LiveDrop, commented: "The fact that this round was oversubscribed, and that both existing and new shareholders reaffirmed their commitment, is a powerful validation of our direction. The involvement of Secfund, Value Creation Capital, Kadmos Capital, and Wi-Fi pioneer Cees Links confirms the strength of our dual-use strategy and opens doors to broader deployment in NATO countries and beyond." With the proceeds from this seed round, LiveDrop aims to further scale its technology across defense, government, and civilian sectors, supporting its ambition for accelerated international deployment and deeper integration into secure data ecosystems. The strong backing from both national and international investors not only provides capital but also valuable strategic guidance, market access, and industry expertise. For the full press release and further details, visit: View source version on Contacts hello@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
12 hours ago
- Business
- Business Wire
LiveDrop Raises $2.5 Million in Oversubscribed Defense-Focused Seed Round
EINDHOVEN, Netherlands--(BUSINESS WIRE)-- LiveDrop, a pioneer in secure offline data transfer, has successfully closed an oversubscribed $2.5 million seed round. The round was led by Value Creation Capital, joined by the Dutch fund Secfund and UK-based Kadmos Capital. Existing investors, including Patronum Investment, also participated, reaffirming their confidence in LiveDrop's mission. In addition, a select group of strategic angel investors, including Wi-Fi pioneer Cees Links, contributed to the round. LiveDrop, a pioneer in secure offline data transfer, today announced the successful closing of an oversubscribed $2.5 million seed round. The round was led by Value Creation Capital, followed by the Dutch Secfund and UK-based Kadmos Capital. Share Founded in 2021 in Eindhoven, LiveDrop develops proprietary technology for fast, secure, and fully offline data transfer using optical encoding. As a software-based solution that runs on standard hardware – such as laptops, smartphones, and cameras – LiveDrop's technology can be seamlessly integrated into mission systems and existing software environments. This enables secure, unidirectional data exchange without the need for wireless or network-based communication, which is critical in defense and national security operations. The company's twelve-person team focuses primarily on the Defense & Security sector, with additional potential applications in Cybersecurity, Healthcare, and secure end-user devices. LiveDrop's dual-use strategy ensures relevance across both military and civilian markets, contributing to safer data handling in sensitive environments. Patrick Moreu, CEO of LiveDrop, commented: "The fact that this round was oversubscribed, and that both existing and new shareholders reaffirmed their commitment, is a powerful validation of our direction. The involvement of Secfund, Value Creation Capital, Kadmos Capital, and Wi-Fi pioneer Cees Links confirms the strength of our dual-use strategy and opens doors to broader deployment in NATO countries and beyond.' With the proceeds from this seed round, LiveDrop aims to further scale its technology across defense, government, and civilian sectors, supporting its ambition for accelerated international deployment and deeper integration into secure data ecosystems. The strong backing from both national and international investors not only provides capital but also valuable strategic guidance, market access, and industry expertise. For the full press release and further details, visit:
Yahoo
28-04-2025
- Business
- Yahoo
LiveDrop Launches Software Solution for Top-Level Security at RSA Conference San Francisco
Top-level cybersecurity now accessible to any company – without expensive hardware SAN FRANCISCO, April 28, 2025--(BUSINESS WIRE)--During the RSA Conference in San Francisco, Dutch tech company LiveDrop introduced an innovative 'software-based data diode'. This solution behaves exactly like a real data diode and offers the same high level of security as traditional hardware data diodes, but without the associated cost and complexity. This 'software-based data diode' provides companies with a scalable and efficient way to protect their systems against data leaks and attacks. What is a data diode? A data diode is a physical device that ensures data can only flow one way: either in or out, but never both, i.e., unidirectional. This prevents hackers from accessing systems through the connection. This technology is used worldwide in places and systems where maximum security is crucial, such as governments, defense, power plants, and aviation. However, for many, this level of security remained out of reach. Same protection, now as software LiveDrop is making this technology available as a software solution for the first time, without compromising on security. That means: no expensive equipment, no complicated integrations, just a smart software solution that can be easily applied, whether for a large enterprise, a smaller organization, or even an individual with sensitive data. "Hardware data diodes have been the golden standard in data security in the highest circles for years," says Patrick Moreu, CEO of LiveDrop. "We are now making that same protection accessible to everyone, as simple software you can install on your own systems or integrate within existing applications." For end users and IT partners LiveDrop's software is designed to be easily added to existing security and anti-malware systems. This makes it attractive both to companies wanting to protect their own systems and to cybersecurity firms and integration partners seeking to offer their customers additional protection. The LiveDrop software-based data diode will be available from Q2 2025 as: Software suite for Windows Mobile app for iOS and Android SDK for companies wanting to integrate LiveDrop into their own solutions The technology has already been tested and validated in healthcare, defense, and critical infrastructure sectors. At RSA, LiveDrop will be present at the Dutch pavilion, booth 954. Note for editors. About LiveDrop LiveDrop is a Dutch deep-tech company based in Eindhoven (NL) and founded on the TU/e campus. The company develops technology for secure data transfer in environments where traditional, radio frequency-based communication protocols are unavailable or undesirable. Unique to LiveDrop's approach is that data is transferred via screen and camera, without physical cables or wireless connections. Want to learn more or schedule a demo at the RSA Conference?Email: info@ Website: View source version on Contacts hello@
Business Wire
28-04-2025
- Business
- Business Wire
LiveDrop Launches Software Solution for Top-Level Security at RSA Conference San Francisco
SAN FRANCISCO--(BUSINESS WIRE)-- During the RSA Conference in San Francisco, Dutch tech company LiveDrop introduced an innovative 'software-based data diode'. This solution behaves exactly like a real data diode and offers the same high level of security as traditional hardware data diodes, but without the associated cost and complexity. This 'software-based data diode' provides companies with a scalable and efficient way to protect their systems against data leaks and attacks. Top-level cybersecurity now accessible to any company – without expensive hardware. Share What is a data diode? A data diode is a physical device that ensures data can only flow one way: either in or out, but never both, i.e., unidirectional. This prevents hackers from accessing systems through the connection. This technology is used worldwide in places and systems where maximum security is crucial, such as governments, defense, power plants, and aviation. However, for many, this level of security remained out of reach. Same protection, now as software LiveDrop is making this technology available as a software solution for the first time, without compromising on security. That means: no expensive equipment, no complicated integrations, just a smart software solution that can be easily applied, whether for a large enterprise, a smaller organization, or even an individual with sensitive data. "Hardware data diodes have been the golden standard in data security in the highest circles for years," says Patrick Moreu, CEO of LiveDrop. "We are now making that same protection accessible to everyone, as simple software you can install on your own systems or integrate within existing applications." For end users and IT partners LiveDrop's software is designed to be easily added to existing security and anti-malware systems. This makes it attractive both to companies wanting to protect their own systems and to cybersecurity firms and integration partners seeking to offer their customers additional protection. The LiveDrop software-based data diode will be available from Q2 2025 as: Software suite for Windows Mobile app for iOS and Android SDK for companies wanting to integrate LiveDrop into their own solutions The technology has already been tested and validated in healthcare, defense, and critical infrastructure sectors. At RSA, LiveDrop will be present at the Dutch pavilion, booth 954. Note for editors. About LiveDrop LiveDrop is a Dutch deep-tech company based in Eindhoven (NL) and founded on the TU/e campus. The company develops technology for secure data transfer in environments where traditional, radio frequency-based communication protocols are unavailable or undesirable. Unique to LiveDrop's approach is that data is transferred via screen and camera, without physical cables or wireless connections.
