Cloud Security Biz TokenEx Grabs $100M In Series B

By Charlie Innis (March 23, 2022, 2:00 PM EDT) -- TokenEx, a cloud security company specializing in tokenization services, raised $100 million in Series B funding from K1 Investment Management to invest in its workforce and expand globally, the startup said Wednesday.

The startup, founded in 2010, aims to help other companies protect and store the financial data they process through a practice called tokenization. Tokenization refers to substituting a sensitive piece of data, such as a credit card number, with a nonsensitive equivalent, such as a random string of numbers that bears no meaning or value, according to its website.

Alex Pezold, founder and CEO of TokenEx, said in the...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!