Funding Received
$16 Million in 2 Rounds from 3 Investors
Most Recent Funding
$5 Million Series B on November 13, 2006
Headquarters:
Sandy, UT
Description:
Venafi is a cybersecurity company that provides Enterprise Key and Certificate Management (EKCM) security solutions.
Categories:
Data Security, Enterprise Software
Website:
http://www.venafi.com

Company Details

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Digital information has transformed into one of the most crucial business assets an organization owns. As a result, protecting critical information and its availability is now a strategic business imperative. Encryption is the most pervasive technology employed today for protecting data. In fact, while encryption was once used almost exclusively to protect information using symmetric and asymmetric keys to scramble data, now it is also used in authentication mechanisms to confirm the identity of a user or a device, and for digital signing to ensure the integrity, authenticity and non-repudiation of data.

The new mandates regulatory bodies are layering on firms requiring that they secure specific types and classes of data are causing an upsurge in the use of encryption. For example, nearly half of US States have passed laws forcing companies to notify individuals whenever certain types of unencrypted customer data are lost or stolen. Organizations that have had to report such breaches, have seen substantial deterioration of their reputations, and seen sharp declines in stock valuations. Encryption is the tool-of-choice for meeting these new requirements.

The ever-growing use of encryption is creating new challenges to manage increased complexity. Venafi software helps organizations protect vital information assets and critical systems from compromise and failure in a cost-effective and scalable manner by automating many of the most common manual tasks associated with managing encryption.

Current Team (1)

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Past Team (3)

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Funding Rounds (2) - $16M

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Board Members and Advisors (2)

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Investors (3)

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  • 70b75e4d58af1da73a9efec8a2898f5f

    Origin Partners

    Origin Partners is a venture capital investment company managed by investment and business...
  • C01cda23b1c8153e87bc37b324ec5fec

    Pelion Venture Partners

    Formerly UV Partners Since 1986, Pelion Venture Partners has been helping entrepreneurs turn...
  • B57a8f59171bdcc47688b1d1a71e648a

    Foundation Capital

    Foundation Capital is an investment firm run primarily by entrepreneurs. Each partner left a...

Offices/Locations (2)

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  • Worldwide Headquarters

    9350 South 150 East Suite 910

    Sandy, UT 84070

    USA

  • Sales Office

    10 Fenchurch Avenue

    London, EC3M 5BN

    GBR

Images (1)

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  • Aa096c6e109ca75d9aa3736f6573f0a3