Press Release

Ospree joins the IBM Hyper Protect Accelerator

By
Ospree Team
March 26, 2021

Joining cohort 3 of the IBM Hyper Protect Accelerator in partnership with Village Capital, Ospree will receive technical, security, scaling and investment mentorship.

The IBM Hyper Protect Accelerator is an investment-readiness program for early-stage tech companies handling sensitive data, an ideal partner for Ospree to advance financial compliance for blockchain-based businesses. Clients of Ospree will benefit from knowing their sensitive information is protected by the most robust, agile, and a secure hybrid cloud solution in the market.

Alongside IBM, the year-long program is also supported by Village Capital, a Washington, D.C.-based organization which focuses on business development, customer acquisition strategy, and provides mentorship during critical fundraising milestones. Village Capital also opens up its network which includes industry leaders, who participate as mentors to those inside the accelerator.

“Joining the IBM Hyper Protect Accelerator validates our technology and our timing in the market. We very much look forward to the opportunity to be part of the IBM and Village Capital network to help us to develop new features and scale during this critical time in the market.” - Javier Tamashiro, CEO and Co-Founder.

Cloud services are a necessity for online businesses but they are especially vulnerable to data breaches as information moves through multiple centralized checkpoints. The IBM Hyper Protect hybrid cloud and on-premise model (a LinuxONE product) raises the bar on layered encryption by providing operational and technical assurance against attacks.


What does this mean for Ospree’s clients?

▪   Low-latency and secure systems integration for existing IBM Hyper Protect clients.

▪   The ability to scale up data loads indefinitely, with the support of LinuxONE.

▪   Technical assurance to our clients that their data and workloads are secured at the highest levels commercially available by any cloud provider.

▪   The accessibility and high availability of cloud, with security comparable or often exceeding that of on-premise infrastructure.


Ospree continues to explore partnerships and opportunities to increase security, scalability, and compliance of data delivery for both institutions and startups to help foster trust and grow the digital asset ecosystem.


About Ospree

Ospree is an innovative, modular cryptocurrency transaction monitoring and client management solution with built-in KYC and Travel Rule integrations. The company serves customers in the financial and digital-asset industry, empowering teams to comply with complex financial crime compliance requirements at the global and local levels. For more information or a free demo, please visit www.ospree.io or follow us on Twitter, Linkedin and YouTube.

IBM Hyper Protect Accelerator

Launched in 2019, IBM Hyper Protect Accelerator, is a new tech startup program designed to build and scale the next generation of fintech companies with solutions engineered to keep their sensitive data highly secured. The program was launched to empower startups with game-changing security and encryption solutions, while helping them drive innovation and scale.

About Village Capital

Village Capital is the largest organization in the world supporting impact-driven, seed-stage startups. Since 2009, Village Capital team has directly worked with more than 1,100 entrepreneurs in 28 countries and has invested in 110 startups that have gone on to raise more than $4 billion in follow-on capital.


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