Recent hires position company to capitalize on strong business in the government and U.S. commercial sectors, expand internationally.
HyTrust Fuels Government Market Growth Hires Wayne Lewandowski as GM/SVP and Expands Federal Advisory Board
Government business will be led by proven executive and HyTrust federal advisory board expanded with three new members
"Security firms continue to sprout, watered by investors looking to capitalize on technology that counters security threats. One of the latest is Awake Security, which popped out of stealth mode with more than $30 million in total funding. The Silicon Valley-based firm (is there really any other place?) has spent the past two years refining its automated data modeling platform. That work was conducted under the financial umbrella of initial investor Greylock Partners and second-round investor Bain Capital Ventures."
"Mountain View, CA-based HyTrust also announced a $36 million Series E funding round on Tuesday, and said it will use a portion of that investment to fund the DataGravity acquisition. "
"NASHUA - DataGravity, a city-based technology company, has been acquired by HyTrust Inc., a Mountain View, Calif., company that specializes in data security. Terms of the deal were not disclosed, though HyTrust said that it raised $36 million in new funding and that it would use part of those proceeds to fund the deal."
"Cloud security company HyTrust Inc. said Tuesday it has acquired the data management and security startup DataGravity Inc. for an undisclosed fee. HyTrust the announcement at the same time as it revealed a new $36 million Series E funding round led by Advance Venture Partners."