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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Sectors
Technology
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Phone
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Website
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Social
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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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $2.8M
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First Round
First Round
(16 May 2005)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| May, 2005 | Amount | Series A - Encryptx | Valuation |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Encryptx
Encryptx has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Imation and Advantage Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Private equity investment firm
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Founded Year | Domain | Location | |
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Data storage products are supplied for backup and archiving purposes.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Encryptx
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Encryptx
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Encryptx Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based file sharing and collaboration tools are offered for enterprises.
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| domain | founded_year | HQ Location |
Encrypted digital services are provided by Proton for privacy-focused users.
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| domain | founded_year | HQ Location |
Email and data encryption software is provided for enterprise protection.
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| domain | founded_year | HQ Location |
Cross-platform encryption, key management, and compression software is developed.
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| domain | founded_year | HQ Location |
A blockchain-based registry for IoT devices is provided.
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| domain | founded_year | HQ Location |
Encryption appliances for network and data security are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Encryptx
When was Encryptx founded?
Encryptx was founded in 1999 and raised its 1st funding round 6 years after it was founded.
Where is Encryptx located?
Encryptx is headquartered in Louisville, United States. It is registered at Louisville, Kentucky, United States.
Is Encryptx a funded company?
Encryptx is a funded company, having raised a total of $2.8M across 1 funding round to date. The company's 1st funding round was a Series A of $2.8M, raised on May 16, 2005.
What does Encryptx do?
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.
Who are the top competitors of Encryptx?
Who are Encryptx's investors?
Encryptx has 2 investors. Key investors include Imation, and Advantage Capital.
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