HyTrust provides solutions that automate security controls for software-defined computing, networking and storage workloads to deliver visibility, granular policy control and data protection across private, public and hybrid clouds. The company positions itself as a leader in cloud workload protection and emphasizes automated policy enforcement and compliance to help enterprises and government agencies secure workloads. HyTrust said it will use its new funding to expand sales and marketing and to fund new product development. A portion of the proceeds is earmarked to finance the announced acquisition of DataGravity. The company cites adoption by large financial institutions and government agencies as validation of its approach. HyTrust is headquartered in Mountain View, CA and is backed by both strategic partners and venture investors including VMware, Cisco, Intel, Fortinet, In-Q-Tel, AVP, Sway Ventures, Granite Ventures, Trident Capital and Vanedge Capital. HyTrust develops software to secure next-generation datacenters by automating data protection and continuously enforcing security policies for the people and tools that operate private, hybrid and public clouds. Its products provide policy-based controls, visibility and data security to help enterprises meet compliance mandates, improve application uptime, and reduce the risk of compromise. The company positions itself as a leader in private and hybrid cloud security and lists technology and go-to-market partners including VMware, VCE, Symantec, CA, McAfee, Splunk, HP Arcsight, Accuvant, RSA, IBM and Intel. The latest funding round is intended to boost marketing, sales and product development and to support expansion into international markets. HyTrust is backed by strategic investors VMware, Cisco, Intel, In-Q-Tel and Fortinet alongside venture investors Granite Ventures, Trident Capital, Epic Ventures, AITV and Vanedge Capital. It has also expanded its relationship with City National Bank to provide additional venture debt and credit facilities to support future growth. HyTrust develops security technology designed for virtualized data centers that consolidate compute, storage and networking into a software layer. Its core product mediates between administrators and the virtual infrastructure, providing a role-based system to control and monitor administrative actions. The platform enables real-time visibility into administrator behavior versus permitted actions to reduce the risk of accidental or malicious changes. HyTrust emphasizes protecting modern data centers from both insider risks (e.g., administrators erasing or copying VMs) and remote attacks that can cross continents. The company positions its solution as a response to new security challenges created by management platforms in virtual environments. The articles note the company has secured venture funding to support its product and growth. HyTrust delivers real-time control, administrative account monitoring, logging and compliance assurance to enable secure cloud adoption and virtualization of critical workloads. The company’s products focus on enforcing policy, auditability and administrative controls at the virtualization and cloud layer to mitigate concentration of risk. HyTrust positions its solution to provide cloud control, visibility and operational readiness for mission-critical workloads and to satisfy security teams and compliance auditors. The company announced a strategic investment and technology-development agreement with In-Q-Tel to fuel product development and expand support operations. That partnership is intended to broaden HyTrust’s reach into the federal sector and address unique government agency requirements. HyTrust is headquartered in Mountain View, CA and is backed by investors including VMware, Granite Ventures, Cisco Systems, Trident Capital and Epic Ventures. HyTrust has developed a policy management system specifically for virtualization that enables IT departments to control and virtualize servers. The company helps organizations manage and control virtual infrastructure. TechCrunch reports HyTrust launched last year. It says the new funding will be used to drive product development and to fuel sales and marketing efforts. HyTrust faces competition from Catbird. The company has raised a total of $16 million to date following the latest round.

Total raised

$104M

Funding rounds

7

Latest round

Series E

Latest activity

Jul 2017