Cryptzone, a Waltham, MA-based provider of dynamic, context-aware network, application and content security solutions, closed a $15m Series B round of funding.
The round was led by Kayne Partners with participation from existing investor Medina Capital and a number of its limited partners. In conjunction with the funding, Nishita Cummings, Managing Director at Kayne Partners, will join Cryptzone’s board.
The company intends to use the funds to accelerate its go-to-market strategy and accelerate its global expansion.
Led by Kurt A. Mueffelmann, President and CEO, Cryptzone provides solutions that allow organizations to avert cyber-attacks via privileged account and third-party users, and prevent the exposure of sensitive and confidential information to unauthorized users, using identity and context to dynamically secure access.
Its portfolio of solutions includes AppGate®, a dynamic, context aware security gateway that can operate at or within the perimeter to prevent unauthorized access; Security Sheriff an integrated classification, encryption and content protection solution for SharePoint®, Office 365 and File Shares; Simple Encryption Platform TM to secure data in email, removable storage, files and folders; and Compliance Sheriff to provide content governance for public websites, intranets and extranets.