Fortanix

San Francisco, United States Founded: 2016 • Age: 10 yrs
Provider of cloud data security solutions
Annual revenue $3.9M Latest available
Total funding $121.1M 3 rounds
Employees 94 Tracked headcount
Investors 6 Known backers
Products 4 Services tracked
Competitors 9 Brand Intelligence

About Fortanix

Fortanix is a company based in San Francisco (United States) founded in 2016. Fortanix has raised $121.07 million across 3 funding rounds from investors including Goldman Sachs, Foundation Capital and GiantLeap. The company has 94 employees as of April 06, 2024. Fortanix offers products and services including Fortanix Armor, Armet AI, Data Security Manager, and Confidential Computing Manager. Fortanix operates in a competitive market with competitors including Rubrik, Tenable, BigID, Varonis and Druva, among others.

  • Headquarter San Francisco, United States
  • Employees 94 as on 06 Apr, 2024
  • Sectors
    Technology
  • Email
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  • Phone
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  • Website
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  • Legal Name Fortanix Technologies India Private Limited
  • Date of Incorporation 01 Feb, 2018
  • Jurisdiction Bangalore South, Karnataka, India
Operational Areas
Technology → Cybersecurity & Privacy Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $3.9 M (USD)
    50.6
    as on Mar 31, 2023
  • Net Profit
    $413.77 K (USD)
    48.6
    as on Mar 31, 2023
  • EBITDA
    $745.4 K (USD)
    77.88
    as on Mar 31, 2023
  • Total Equity Funding
    $121.07 M (USD)

    in 3 rounds

  • Latest Funding Round
    $90 M (USD), Series C

    Aug 11, 2022

  • Investors
  • Employee Count
    94

    as on Apr 06, 2024

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Products & Services of Fortanix

Fortanix offers a comprehensive portfolio of products and services, including Fortanix Armor, Armet AI, Data Security Manager, and Confidential Computing Manager.

Product name locked
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Primary

Platform for unified data encryption and management.

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Tool for securing AI models and ensuring trusted responses.

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Manages cryptographic keys and secrets for compliance.

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Protects data in use with secure enclaves.

People of Fortanix

Headcount 50-200
Employee Profiles 47
Board Members and Advisors 4
Employee Profiles
People
Anand Balasubrahmanyan
CFO
People
Alberto Zenteno Acevedo
Senior Devops Engineer
People
Ashok Kumar Selvaraj
Director Of Engineering (qa)
People
John Herr
Director, Partner Programs And Operations

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Board Members and Advisors
people
Krishna Kolluri
Board Member
people
Ashu Garg
Board Member
people
Sunil Kurkure
Board member
people
Darren Cohen
Board Member

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Funding Insights of Fortanix

Fortanix has successfully raised a total of $121.07M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $90 million completed in August 2022. 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 Fortanix

Fortanix has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Goldman Sachs, Foundation Capital and GiantLeap.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Investment banking services are delivered across multiple financial sectors.
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Venture capital firm focused on early-stage fintech, enterprise, web 3, consumer, and multiple sectors
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Investment in technology startups focusing on compute, AI, and related innovations.
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Investor details for Fortanix

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Investments & Acquisitions by Fortanix

Investments
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Investment portfolio details for Fortanix

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Financial Statements - Fortanix

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Detailed financials for Fortanix

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Fortanix Comparisons

Fortanix Primary company
Description
Provider of cloud data security solutions
Location
San Francisco, United States
Founded Year
2016
Annual Revenue
$3.9 M (USD)
Net Profit
$413.77 K (USD)
EBITDA
$745.4 K (USD)
Employees
94
As of 2024
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Peer comparison for Fortanix

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Competitors of Fortanix

Fortanix 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 Rubrik, Tenable, BigID, Varonis and Druva, among others.

Company Name Domain Founded year HQ Location Description
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Converged data management solutions are provided for backup and recovery.
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Predictive vulnerability assessments are delivered via cloud-based monitoring.
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Cloud-based platform for data privacy management software is provided.
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Cloud-based platform for data privacy and document sharing is offered.
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Enterprise data is protected across cloud, SaaS, and devices.
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Detailed competitors of Fortanix

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Latest news on Fortanix

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Complete news archive for Fortanix

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Frequently Asked Questions about Fortanix

Fortanix was founded in 2016 and raised its 1st funding round 1 year after it was founded.

Fortanix is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.

Fortanix is a funded company, having raised a total of $121.07M across 3 funding rounds to date.

As of Apr 06, 2024, the latest employee count at Fortanix is 94.

Annual revenue of Fortanix is $3.9M as on Mar 31, 2023.

Fortanix was established in 2016 in San Francisco, United States, within the cloud security sector. Data privacy and management services are offered, along with multi-cloud key management, encryption protocols, network virtualization, and secure access controls. Operations center on safeguarding data across cloud infrastructures for enterprise clients, including Adidas, NEC, Valeo, Intel, Equinix, and IBM. Geographic focus remains on the U.S. market.

Fortanix's top competitors include Rubrik, Tenable and Varonis.

Fortanix offers Fortanix Armor, Armet AI, Data Security Manager, and Confidential Computing Manager.

Fortanix has 6 investors. Key investors include Goldman Sachs, Foundation Capital, GiantLeap, Intel Capital, and Neotribe.

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