• Ionic Security

  Participated · Equity · Jun 2016

  Ionic Security provides a data trust platform that protects and controls data from creation through consumption everywhere it travels and anywhere it resides, preventing inappropriate data handling with real-time policy across clouds, environments, and data silos. Led by founder and CTO Adam Ghetti and CEO Eric Hinkle, the company is based in Atlanta, GA. The company currently has millions of licensed users and a growing number of application integrations powered by its developer platform. Ionic serves clients across both private and public sectors. The company intends to use the funds to accelerate the openness and accessibility of its platform. Ionic Security offers a high-assurance data protection and control platform that provides fine-grain protection for structured, semi-structured and unstructured data across emails, documents, applications, data repositories and machine data. Platform services include advanced data visibility, control, protection and insider threat detection and prevention, with developer toolkits and orchestration APIs for enterprise integration. The company positions its technology as mathematically based trust that does not rely on people or devices. Ionic says its platform has been licensed to millions of users worldwide. It is partnering with AWS to deliver its services via AWS Marketplace and aims to accelerate global adoption beyond the Fortune 100. The company is headquartered in Atlanta, Georgia, and has raised a total of $122 million to date. Ionic Security delivers a unified platform for distributed data protection across cloud, mobile devices and applications. Its platform combines protection, visibility, attribution and granular control with massive-scale machine learning and streaming graph analytics. Founded in 2011 by CEO Steve Abbott and CTO Adam Ghetti, the company focuses on enterprise deployments. Ionic has raised $78M to date and secured $40.1M in a Series C to fuel growth. The company intends to use the funds to expand with large enterprises and build out its go-to-market strategy. It is preparing to launch in 2015. Ionic Security develops a distributed data security platform based on encryption technologies intended to protect enterprise data across modern hosted services and mobile workforces. The company describes its architecture as a distributed protocol with similarities to Bitcoin’s approach to distributed processing. Ionic is focused on enterprise customers after shifting from a consumer-facing product (launched as Social Fortress in 2011) to enterprise in 2012. It already has over half a dozen customers in an early access stage. The company plans to use new funding to expand its go-to-market efforts and significantly grow its team. Ionic expects to double headcount from roughly 50 to over 100 by the end of the year. Ionic Security provides an end-to-end security, identity and access management platform for encrypted data in the cloud, operating without gateways and designed to be endpoint-agnostic. The platform enables organizations to centrally manage employee login credentials for third-party software apps and internal applications while encrypting data. The company launched last fall as Social Fortress to simplify access and security for emails, Yammer messages, photos, tweets and other data, and has since shifted focus to the enterprise under the Ionic Security name. Ionic has attracted interest from the defense industrial base and from healthcare and financial services customers in North America and Europe. The company plans to use new funding to expand its engineering team and accelerate enterprise sales as well as sales and marketing. Ionic positions itself to address cloud-security and BYOD challenges by enabling access rather than imposing restrictions.

No current team members are available.