![]() ![]() ![]() We’ve taken a different approach - we protect corporate data wherever it travels. “It’s either checkbox compliance, designed for a bygone era when all your information could be safely locked down inside your firewall, or it’s too difficult for practical use. “The endless wave of massive breaches is exhibit A that many security market vendors are selling snake oil,” said John Ackerly, CEO of Virtru. Virtru is now moving to protect content shared using other common enterprise workflows including file stores, collaboration platforms, and structured data systems. Virtru’s initial focus has been on protecting sensitive information shared by email, a historically difficult problem where legacy approaches fail in both ensuring protection and in user experience. The Virtru platform was built from the ground up to address the most vexing issues facing enterprises and governments – ensuring that valuable information is protected and access is controlled, while permitting easy sharing with authorized partners, customers, and suppliers. Yet firewalls and other network security solutions cannot reliably protect enterprise data. Control of sensitive data is particularly challenging for companies moving to public clouds. Regulated content, intellectual property, personal information governed by GDPR, and other sensitive information are the lifeblood of the enterprise, and that vulnerable data must be shared inside and outside of the organization. We are excited to partner with this talented team as they continue to grow the business.” “In speaking with many of their customers, it’s clear that Virtru addresses an urgent need where many others have failed – namely an easy-to-use way to protect corporate data wherever it is and wherever it goes. “The stakes have never been higher for data privacy and Virtru has built an unmatched data protection platform, serving a multi-billion-dollar enterprise market,” said Will Griffith, Partner at ICONIQ Capital. Where traditional approaches provide porous walls around company systems or checkbox solutions that are too difficult for practical use, Virtru provides an easy-to-use solution that protects any type of data, wherever it’s shared. Virtru’s data privacy solutions allow enterprises and government agencies to easily secure and share their most sensitive data while maintaining control over who can access their content. Proceeds from the financing will be used to expand Virtru’s email and file data protection solutions, scale operations, expand internationally, and establish the Trusted Data Format as the world’s common open standard to protect data. This investment comes in the wake of Virtru’s extraordinary growth over the last year, including adding 3,000 new customers and tripling revenue. ![]()
0 Comments
Leave a Reply. |