The amount of the transaction was not disclosed.
The partnership is designed to accelerate development and enable the expansion of support operations, while broadening HyTrust’s reach into the federal sector (In-Q-Tel is the independent, non-profit strategic investor that identifies, adapts and delivers innovative technology solutions to support the mission of the U.S. Intelligence Community).
Led by President and Co-Founder Eric Chiu, HyTrust provides solutions to enable faster cloud adoption and securely virtualize all workloads. It delivers the real-time control, security, administrative account monitoring, logging and compliance assurance necessary to enable the benefits of cloud adoption and virtualization of critical workloads.
The company is backed by VMware, Granite Ventures, Cisco Systems, Trident Capital, and Epic Ventures and partners with VMware; VCE; Symantec; CA; McAfee; Splunk; HP Arcsight; Accuvant; RSA and Intel Corporation.