About Covertix
Covertix is a Technology company based in Kfar Saba (Israel) founded in 2006, and was acquired by Micro Focus in September 2018. Cybersecurity suite solutions are provided for enterprise file protection. Covertix has raised $4.25 million across 4 funding rounds from investors including Micro Focus, New York Digital Health Accelerator and 2B Angels. The company was acqui-hired. Its focus areas include Enterprise Infrastructure, Cybersecurity and Suite.
Company details
Covertix was founded in 2006 in Kfar Saba, Israel, and operates in the cybersecurity sector. Patented enterprise file security software is offered to safeguard confidential documents and sensitive data automatically and continuously, both inside and outside organizations. SmartCipher solutions enable noninvasive file control and protection, supporting integration with preferred collaboration platforms, cloud storage, and existing business processes.
- Headquarters Kfar Saba, Israel
- Stage Acquired
- SectorsTechnology
- Website covertix.com
- Social LinkedIn X
- Acquired by Micro Focus (Sep 2018)
- Total Equity Funding$4.25M (USD)
in 4 rounds
- Latest Funding Round$3M (USD), Series A
Jul 2014
- InvestorsMicro Focus
& 7 more
- Acquired byMicro Focus
(Sep 2018)
Funding Insights of Covertix
Covertix has successfully raised a total of $4.25M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $3 million completed in July 2014. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $4.25M
- Total Rounds 4
- Last Round Series A — $3M
- First Round $246,000
(Sep 2010)
- Investors Count 7
All 4 funding rounds of Covertix with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2014 | $3M | Series A | – | – | |
| Jan 2012 | Seed | – | – | ||
| Jan 2011 | $1M | Angel Round | – | Kima Ventures | |
| Sep 2010 | $246,000 | Seed | – | – |
8 investors in total: 6 institutional and 2 angel.
Investors in Covertix
Covertix has secured backing from 8 investors, including venture fund and angel investors. Prominent investors backing the company include Micro Focus, New York Digital Health Accelerator and 2B Angels.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Seed & early stage tech-focused VC firm investing primarily in Israel | 2b-angels.com | Tel Aviv, Israel | ||
Tech company-focused accelerator | 2012 | digitalhealthaccelerator.com | New York, United States | |
| comsecinnovation.com | ||||
Seed-stage investments in startups are provided by Kima Ventures. | kimaventures.com | Paris, France | ||
A platform offering consulting services in construction, legal, and financial sectors. | myv.co.il | |||
JB Jeremie Berrebi | French-Israeli angel investor, entrepreneur, active in Indian startup ecosystem | unknown_1aed79ce74e64a2b9 | ||
XN Xavier Niel | French billionaire, founder of Iliad, angel investor in Indian startups | unknown_96507cbbacf948208 | ||
IT infrastructure monitoring solutions are offered through a cloud-based platform. | 1976 | microfocus.com | Newbury, United Kingdom |
Investor details for Covertix
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Covertix
4 dated milestones of Covertix across 12 years, from founding to its latest funding, stage changes and deals.
- Founded Covertix is founded.
- Funding First funding round of $246K.
- Funding Latest funding round, Series A, of $3.0M.
- Exit Acquired by Micro Focus.
Web traffic of Covertix
Websites that share an audience with Covertix (covertix.com).
Websites whose visitors overlap most with Covertix. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
berrebi.org | berrebi.org | 100% | – | ||
| maximum-tech.net | 94% | 1.2K | #14,580,990 | View details |
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Frequently Asked Questions about Covertix
Covertix was founded in 2006 and raised its 1st funding round 4 years after it was founded.
Covertix is headquartered in Kfar Saba, Israel. It is registered at Kfar Saba, Central District, Israel.
Covertix is a funded company, having raised a total of $4.25M across 4 funding rounds to date. The company's 1st funding round was a Seed of $246K, raised on Sep 2010.
Covertix was founded in 2006 in Kfar Saba, Israel, and operates in the cybersecurity sector. Patented enterprise file security software is offered to safeguard confidential documents and sensitive data automatically and continuously, both inside and outside organizations. SmartCipher solutions enable noninvasive file control and protection, supporting integration with preferred collaboration platforms, cloud storage, and existing business processes.
Covertix has 8 investors. Key investors include Micro Focus, New York Digital Health Accelerator, 2B Angels, Comsec Innovation, and Kima Ventures.
Yes. Covertix was acquired by Micro Focus in September 2018.