HyTrust Raises $36M in Series E Funding; Acquires DataGravity

HyTrust, Inc., a Mountain View, CA-based workload security provider, closed a $36m Series E funding round.

The round was led by Advance Venture Partners (AVP) with participation from Sway Ventures, Epic Ventures, Vanedge Capital and Trident Capital, and strategic investors Cisco, Fortinet, Intel Corp. and VMware.

The company will use the funds to expand its sales and marketing efforts, develop new products, and acquire DataGravity, a data visibility and security company. The acquisition will enable HyTrust to further automate and enhance security policy enforcement for workload data. The terms of the deal were not disclosed (members of the DataGravity team will be joining HyTrust).

Led by John De Santis, Chairman and CEO, HyTrust provides solutions that automate security controls for software-defined computing, networking and storage workloads to make private, public and hybrid cloud infrastructure more trustworthy for enterprises, service providers and government agencies. The solutions feature high levels of visibility, granular policy control and data protection.

FinSMEs

12/07/2017

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