Fortanix provides a unified platform for data protection that employs runtime encryption to secure data at rest, in transit, and in use across multicloud environments. The platform addresses vulnerabilities in cryptographic key management and compliance with regulatory standards, enabling organizations to maintain control over their sensitive data amidst evolving security threats.
Funding
$135.3M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
GGFounders
Product
Problem
Organizations face increasing challenges in protecting sensitive data across diverse environments, including on-premises, multicloud, and AI applications. Traditional data security methods often struggle to maintain control and visibility over cryptographic keys and data access, leading to vulnerabilities and compliance gaps. The rise of post-quantum computing and sophisticated cyber threats further exacerbates these risks.
Solution
Fortanix provides a unified data security platform that secures data at rest, in transit, and in use across multicloud environments. The platform consolidates cryptographic security posture assessment, data encryption/tokenization, and enterprise key management into a single, scalable solution. By leveraging confidential computing, Fortanix enables organizations to maintain granular access controls and protect data even when the underlying infrastructure is compromised. This approach allows businesses to accelerate innovation, reduce costs, and ensure compliance with evolving regulatory standards while mitigating the risks associated with data breaches and unauthorized access.
Target Audience
The primary target audience includes enterprises across various industries, such as healthcare, finance, and government, that require robust data security and compliance solutions for their sensitive data in multicloud and hybrid environments.
Features
- Cryptographic Security Posture Assessment: Identifies and remediates encryption key vulnerabilities across multicloud and on-premise environments.
- Data Encryption and Tokenization: Protects critical workloads, databases, virtual machines, and filesystems without performance loss.
- Enterprise Key Management: Securely stores and manages cryptographic keys, certificates, and secrets from a centralized location.
- Confidential Computing: Protects data and applications by running them in secure enclaves, isolating data and code from unauthorized access.
- Unified Platform: Consolidates essential data security functions to streamline operations and reduce the total cost of ownership.
- Post-Quantum Readiness: Enables organizations to adopt post-quantum algorithms and close security gaps in preparation for the post-quantum era.
- Regulatory Compliance: Provides controls that facilitate encryption adoption and accelerate compliance with global regulations.