About Encryptx
Encryptx is a company based in Louisville (United States) founded in 1999 was acquired by Imation in March 2011. Encryptx has raised $2.8 million across 1 funding round from investors including Imation and Advantage Capital. Encryptx operates in a competitive market with competitors including Dropbox, Proton, PGP Corporation, PKWARE and Ockam, among others.
- Headquarter Louisville, United States
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Technology
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Funding Insights of Encryptx
Encryptx has successfully raised a total of $2.8M through 1 strategic funding round. The most recent funding activity was a Series A round of $2.8 million completed in May 2005. 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.
Investors in Encryptx
Encryptx has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Imation and Advantage Capital.
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Data storage products are supplied for backup and archiving purposes.
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Investor details for Encryptx
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Investments & Acquisitions by Encryptx
Investment portfolio details for Encryptx
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Financial Statements - Encryptx
Detailed financials for Encryptx
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Encryptx Comparisons
Peer comparison for Encryptx
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Competitors of Encryptx
Encryptx operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Dropbox, Proton, PGP Corporation, PKWARE and Ockam, among others.
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Cloud-based file sharing and collaboration tools are offered for enterprises.
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Encrypted digital services are provided by Proton for privacy-focused users.
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Email and data encryption software is provided for enterprise protection.
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Cross-platform encryption, key management, and compression software is developed.
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A blockchain-based registry for IoT devices is provided.
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Encryption appliances for network and data security are provided.
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Detailed competitors of Encryptx
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Latest news on Encryptx
Complete news archive for Encryptx
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Frequently Asked Questions about Encryptx
Encryptx was founded in 1999 and raised its 1st funding round 6 years after it was founded.
Encryptx is headquartered in Louisville, United States. It is registered at Louisville, Kentucky, United States.
Encryptx is a funded company, having raised a total of $2.8M across 1 funding round to date.
Encryptx provides encryption based data security solution for removable devices and removable media. Products included encryption, device management and control, and digital rights management solutions that protect removable drives, flash drives, CD, DVDs and PC data. Main customers included IBM, General Dynamics, Sony, Boeing, KPMG, Science Applications International and US DoD. Previously bought out by BeCompliant in 2007 and finally acquired by Imitation.
Encryptx has 2 investors. Key investors include Imation, and Advantage Capital.