Vaultive offers a cloud data encryption platform built around encryption-in-use technology. Its solution enables enterprises in financial services, life sciences and pharma, legal and professional services, manufacturing, retail and media, as well as mid-size and smaller companies, to control and own their data wherever it resides. The company said it will use the new funding for continued growth and advancement of its solution. The platform is positioned to help customers maintain control of their data across cloud environments. The funding round was led by .406 Ventures, New Science Ventures and Harmony Partners. Vaultive is led by President and CEO Jonas Hellgren and CFO and General Counsel David Kahan. Vaultive is developing enterprise-class cloud data encryption and is in beta for its first product, Vaultive for Hosted Exchange. The patent-pending solution is designed for Hosted Exchange environments including Microsoft Office 365 and delivers searchable, sortable and indexable encryption. The product is scheduled for general availability in April 2012. Vaultive’s technology aims to keep sensitive data encrypted so it never leaves the customer’s enterprise in unencrypted form, addressing data residency and disclosure concerns while supporting regulatory compliance (SOX, GLBA, HIPAA, HITECH and PCI-DSS). The company plans future support for additional cloud applications including SaaS email, CRM, collaboration and communication applications, and custom cloud applications. Vaultive has R&D facilities in Tel-Aviv and is currently hiring.

Total raised

$18M

Funding rounds

2

Latest round

Equity

Latest activity

Jan 2015