Xenolith Vault

Privately store life's data away from prying eyes and vulnerable big tech

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Security Type
Debt
Categories
Tech, Infrastructure, Software, Technology, Sustainability, Clean Tech
Min Investment
$250
Location
SPRING, TX
Amount Raised
$52,950
Security Price
$1

Key Deal Facts

$420 million serviceable addressable market - $5.5 billion total market
Proven management team track record with multiple technology start-ups and exits
Sister company of IT infrastructure company Sterling Data Storage
Innovative licensing model entices law firms to rapidly adopt software
Ransomware attacks have increased by 350% - growing market demand
Proprietary ‘Detached Cloud’ technology that works over the INTRANET
Reduced cost & liability for lawyers with streamlined & secure document retrieval
Near-term exit strategy based on explosive growth potential in target market

Security Description

Debt is something, usually money, borrowed by one party from another. Debt is used by many corporations and individuals to make large purchases that they could not afford under normal circumstances. A debt arrangement gives the borrowing party permission to borrow money under the condition that it is to be paid back at a later date, usually with interest.

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