Fortanix raises $23M to meet the demand for runtime encryption solutions>
Help Net Security
Fortanix has closed a $23 million Series B round of funding led by Intel Capital. Round participants included existing investors Foundation Capital and Neotribe. In addition, Sunil Kurkure, Director, Intel Capital, will join the Fortanix Board of Directors. The funding brings the companyâs total funding to $31 million. The funding will be used to expand all facets of Fortanix to meet the demand for its Self-Defending Key Management Service and Runtime Encryption platform. In addition, this investment will fuel the companyâs acceleration internationally, where it is already seeing revenue and growth.
Link: https://www.helpnetsecurity.com/2019/01/31/fortanix-23-million-series-b/