Covertix, a Kefar Saba, Israel-based provider of Information Rights Management (IRM) solutions for sensitive data file-level protection and control, has secured strategic investment from Kima Ventures.
The company intends to use the new capital, whose amount remained undisclosed, to enter the European market, strengthen its product offering and expand its international sales and marketing effort.
Covertix’ flagship product SmartCipher™ protects sensitive data both inside and outside the organization even when used by 3rd parties, stolen or lost.
Founded bt CEO Alon Samia, Covertix develops solutions to equip enterprise organizations with independent file-level surveillance and control, protecting sensitive data, inside and outside the organization.
The flagship product, SmatCipher™, is designed to secure and monitor confidential and sensitive documents, by automatically tagging digital assets according to file context and content.