AI-powered legal support start-up Soxton has acquired agentic AI security firm Cipher Technologies.
Soxton plans to integrate Cipher’s advanced AI security governance capabilities into its platform, strengthening the security of its AI-powered legal infrastructure. Cipher’s team will join Soxton as part of the deal.
Soxton’s platform helps start-ups with legal workflows related to matters including incorporation, fundraising and compliance. Soxton says it managed the Cipher acquisition through its own platform, which it claims saved the company about $80,000 on legal fees.
The company’s founder and CEO Logan Brown said: “Acquiring Cipher was not only a strategic move, but a necessary one. Our platform holds valuable information from innovative, but vulnerable, early companies all around the globe, and they deserve to be well protected.”
The deal follows Soxton securing $2.5m in pre-seed funding in December last year, led by early-stage venture capital firm Moxxie Ventures alongside Strobe Ventures, Coalition, Caterina Flex and Flex Capital.
New York-based Soxton was founded last year by Brown, a Harvard Law School graduate and former Cooley associate.
Cipher Technologies is also New York-based and provides real-time security for agentic applications.
It was co-founded last year by Ransford Antwi and Alexander Johnson. Antwi is a former Google software engineer, where he worked for almost five years. He also established healthcare technology firm Amperos Health just before he created Cipher.
Johnson, who is an engineering lead at Capital One, left Cipher in January and has not moved to Soxton, according to his LinkedIn profile. Cipher previously received financial support from Forum Ventures, which invests in start-up software companies.
Email your news and story ideas to: [email protected]
