Greymatter.

We’re thrilled to announce our investment in Gretel, an open platform that enables developers to build quickly with data and safely share it with others. Gretel aspires to be the GitHub of data. The team believes that privacy is an engineering problem and is on a mission to solve it.

Here in the U.S. the finance sector, we’ve seen a boom in consumer financial technology companies that modernize the way people save, spend, and invest. Yet in neighboring Canada, the consumer financial sector continues to largely be dominated by a handful of legacy financial institutions. These institutions haven’t changed much in decades -- they have high costs, opaque fee structures, and have been slow to leverage technology to modernize the way they engage customers. 

Today, we are excited to share our investment in apiiro, which is coming out of stealth and announcing the launch of their Code Risk Platform. apiiro’s platform enables enterprises to accelerate application and infrastructure delivery by automatically remediating risk with every change.

Innovation happens fast in the cloud-first era of today. Yet the tools and processes that allow software developers to ensure their products are secure were designed for a different era. apiiro was formed to reinvent the secure software development life cycle, by creating a unified platform that allows developers to embed security at the earliest stages.

While the past fifteen years of the cloud transition has produced some large and likely enduring companies, today we are seeing new companies that are not part of the cloud transition or a hybrid cloud generation. They aren’t even cloud-first– they are cloud only.

If you can find a valuable market which has been overlooked, or where your competitors are lazy or stuck in their ways, you can beat that competition, no matter how big or rich those other players might be.

Modern technology is one of the greatest opportunities for wealth creation— with most of the financial returns accruing to the founders, early employees and investors in the breakout startups from each generation.  However, Black, Latinx, and Native American people have been largely shut out of participating in tech startups and venture capital.

We are thrilled to announce that Mike Duboe has been promoted to general partner at Greylock. Today, more than ever, technology is touching every aspect of consumers’ lives. We’re excited to have Mike helping entrepreneurs who are building the next generation of commerce, marketplaces, and network-oriented businesses.

At Greylock, our mission is to help realize rare potential. To do this well, we believe it’s essential to be trusted partners to entrepreneurs at every stage — from idea to IPO. We are committed to supporting entrepreneurs along their entire journey.