Cloud security platform: with $18.5 Million raised in Series C, HyTrust Accelerates its Growth.
Due to its ability to innovate and anticipation, HyTrust has once more, the
confidence of the investors. For the first time, $18.5 Million has been raised from new
investors Intel Capital and Fortinet as well as recent investors VMware
and In-Q-Tel. Previous investors Granite Ventures, Cisco, Trident Capital and
Epic Ventures also participated in this round and Intel Corporation engagement
will help the company deliver hardware assisted
trusted security solution for the datacenter.
trusted security solution for the datacenter.
With these new funds, HyTrust will support its rapid growth and operations,
particularly in the areas of sales and marketing, and enable continued
development on the cloud security platform as well as innovations in important
technological areas such as Role-Based Monitoring (RBM).
Connectikpeople has also observed that, HyTrust’s Series C financing round
follows a year of rapid growth and momentum, with worldwide sales on target to
quadruple in 2013 alone.
Connectikpeople may recall that, HyTrust delivers security, control,
visibility, management and compliance to virtualized environments. Fortinet’s
protection of virtual machines complements HyTrust’s protection of the virtual
infrastructure to automate and orchestrate security across the entire
virtualized data center.
About HyTrust
Headquartered in Mountain View, CA, HyTrust® is the Cloud
Security Automation (CSA) Company. HyTrust delivers the essential real-time
control, security, administrative account monitoring, logging and compliance
assurance necessary to enable the benefits of cloud adoption and virtualization
of critical workloads.