Founded in 2016 by Ambuj Kumar, Fortanix offers software that secures data across public, hybrid, multi-cloud, and private cloud environments, encrypts databases, and manages app credentials in the cloud and on-premises. The company also provides confidential computing that isolates sensitive data in an encrypted CPU enclave during processing.
Fortanix has more than 125 customers and its marquee client base includes companies like Google, Paypal, CDC, Cisco, and more. The company announced that it has raised a $90 million Series C round led by Goldman Sachs Asset Management. GiantLeap Capital joined as a new investor alongside prior backers Foundation Capital, Intel Capital, Neotribe Ventures, and In-Q-Tel. Fortanix has raised a total of $122 million since its launch in 2016.
2022 • Series C
Fortanix is a multi-cloud security company that delivers security solutions for digital assets using runtime encryption.
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