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SPHERE Technology Solutions

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An award-winning woman-owned cybersecurity business focusing on improving security and enhancing compliance

Newark, United StatesFounded 2009Cybersecurity
Valuation $100–250M Last recorded · 2022
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for SPHERE Technology Solutions and the history behind them.

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 data

At a glance

Status
Operational
Founded
2009
Headquarters
Newark, United States
Employees
87
Open positions
3
Dealroom signal
60.7/100
Industry
Security
Sub-industry
Data protection
Sector
Compliance, Cybersecurity, Regtech Compliance
Client focus
b2b

Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
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 —
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Growth signals

SPHERE Technology Solutions website traffic

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.

Latest monthly visits6.1K 3-month web change+258.8% 1-year team growth-13%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

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Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

7 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A6 investors entered at this stage

  • ForgePoint Capital
  • Sounil Yu
  • Joel Caminer
  • Omkhar Arasaratnam
  • Adnane Charchour
  • Edison Partners

Other known investors1 additional known investor

  • William Lin
Team profiled 7 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
2 countries with
team presence
🇺🇸 United States96.9%
🇮🇳 India1.5%
2 countries shown

Market sentiment

Posts on X, past 7 days

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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