Inside Atolio’s Bid to Make Enterprise Search Secure

In 2019, David Lanstein and his co-founders started Atolio to answer a pressing question: why do employees at large organizations still struggle to find information hidden across dozens of internal systems? The company’s early research was exhaustive: Lanstein says they interviewed executives at more than 700 enterprises before writing a line of code. One manufacturing CIO told them, “80% of our orders are custom, and we have six systems that sit in front of SAP, our sales reps are sitting in the parking lot and they have no way to go tell a client the status of an order, because it could be sitting in any one of those six systems.”

That type of real-world frustration became the foundation for Atolio’s product: a secure, AI-powered search platform that aggregates information from across an enterprise’s systems without sending any data to the public cloud.

Atolio just announced it has raised $24 million in total funding, including a Series A led by Translink Capital with participation from IBM Ventures, Bloomberg Beta, Acorn Pacific Ventures, and Parameter Ventures.

Building a Search Platform Enterprises Can Trust

Atolio’s platform is designed to integrate with enterprise applications, index them in a private environment, and provide employees with a single reference point for finding answers. The company emphasizes that no data leaves the customer’s infrastructure, whether the deployment is on a private cloud, an air-gapped system, or physical servers.