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SPHERE Technology Solutions
An award-winning woman-owned cybersecurity business focusing on improving security and enhancing compliance
About SPHERE Technology Solutions
SPHERE is a cybersecurity firm specializing in access control and data security solutions for enterprises. The company operates in the cybersecurity market, serving clients such as financial services firms, healthcare organizations, and other large enterprises that require stringent data protection measures. SPHERE's core product, SPHEREboard, is an analytics-driven platform that identifies sensitive data at risk, ensuring robust controls are in place to secure this data. The platform also helps organizations comply with regulatory requirements by providing comprehensive reporting and remediation capabilities. SPHEREboard leverages existing tools and enhances them with advanced analytics to provide a complete view of high-risk data, making it easier for internal auditors and security teams to manage and secure sensitive information. The business model is primarily subscription-based, offering its platform and advisory services to clients on a recurring revenue basis. SPHERE makes money through these subscriptions as well as through consulting services that help organizations improve their security posture and compliance status.
Source: Dealroom company dataKnowledge graph
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Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES B✓Equity / VC | Nov 2022 | $31M | $124M | ForgePoint Capital · Edison Partners | ↗ |
| SERIES A✓Equity / VC | Feb 2021 | $10M | $40M | Sounil Yu · ForgePoint Capital · Joel Caminer · Omkhar Arasaratnam | — |
Growth signals
Latest recorded traffic for SPHERE Technology Solutions is 6.1K monthly website visits, up 258.8% over the last three months. SPHERE Technology Solutions's team declined 13% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A6 investors entered at this stage
ForgePoint Capital- SYSounil Yu
- JCJoel Caminer
- OAOmkhar Arasaratnam
- ACAdnane Charchour
Edison Partners
Other known investors1 additional known investor
William Lin
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about SPHERE Technology Solutions on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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