Venafi, a Salt Lake City-based developer of cybersecurity company, received $39m in additional funding.
The round was led by QuestMark Partners and other new investors Intel Capital and Silver Lake Waterman and existing investors.
The investment will accelerate development of the Venafi Trust Protection Platform™ and support its worldwide customer base.
Led by Jeff Hudson, CEO, Venafi protects Global 5000 organizations by securing cryptographic keys and digital certificates. The company patrols across the network, on devices, behind the firewall, and throughout the internet to determine which SSL/TLS, SSH, WiFi, VPN and mobile keys and certificates are trusted, protects those that should be trusted, and fixes or blocks those that are not.
Its trust protection platform protects keys and certificates and eliminates blind spots from threats hidden in encrypted traffic. In addition, Venafi TrustAuthority™, Venafi TrustForce™, and Venafi TrustNet™ help organizations know what’s trusted and “self” in order to regain control over keys and certificates on mobile devices, applications, virtual machines and network devices and out in the cloud. Customers include Global 5000 organizations in financial services, retail, insurance, healthcare, telecommunications, aerospace, manufacturing, and high tech.