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
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Fortanix Technologies India Private Limited
- Date of Incorporation 01 Feb, 2018
- Jurisdiction Bangalore South, Karnataka, India
-
Annual Revenue
$3.9 M (USD)50.6as on Mar 31, 2023
-
Net Profit
$413.77 K (USD)48.6as on Mar 31, 2023
-
EBITDA
$745.4 K (USD)77.88as 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
Goldman Sachs
& 5 more
-
Employee Count
94
as on Apr 06, 2024
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for unified data encryption and management.
Tool for securing AI models and ensuring trusted responses.
Manages cryptographic keys and secrets for compliance.
Protects data in use with secure enclaves.
Unlock access to complete
Unlock access to complete
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.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series C — $90.0M
-
First Round
First Round
(18 May 2017)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2022 | Amount | Series C - Fortanix | Valuation | Goldman Sachs | |
| Jan, 2019 | Amount | Series B - Fortanix | Valuation | Intel Capital | |
| May, 2017 | Amount | Series A - Fortanix | Valuation | Foundation Capital , Neotribe |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. 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 |
|---|---|---|---|---|
|
Investment banking services are delivered across multiple financial sectors.
|
Founded Year | Domain | Location | |
|
Venture capital firm focused on early-stage fintech, enterprise, web 3, consumer, and multiple sectors
|
Founded Year | Domain | Location | |
|
Investment in technology startups focusing on compute, AI, and related innovations.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Fortanix
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Fortanix
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Fortanix Comparisons
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. 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 |
Converged data management solutions are provided for backup and recovery.
|
|
| domain | founded_year | HQ Location |
Predictive vulnerability assessments are delivered via cloud-based monitoring.
|
|
| domain | founded_year | HQ Location |
Cloud-based platform for data privacy management software is provided.
|
|
| domain | founded_year | HQ Location |
Cloud-based platform for data privacy and document sharing is offered.
|
|
| domain | founded_year | HQ Location |
Enterprise data is protected across cloud, SaaS, and devices.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Fortanix
Frequently Asked Questions about Fortanix
When was Fortanix founded?
Fortanix was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Where is Fortanix located?
Fortanix is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Fortanix a funded company?
Fortanix is a funded company, having raised a total of $121.07M across 3 funding rounds to date. The company's 1st funding round was a Series A of $8.07M, raised on May 18, 2017.
How many employees does Fortanix have?
As of Apr 06, 2024, the latest employee count at Fortanix is 94.
What is the annual revenue of Fortanix?
Annual revenue of Fortanix is $3.9M as on Mar 31, 2023.
What does Fortanix do?
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.
Who are the top competitors of Fortanix?
What products or services does Fortanix offer?
Fortanix offers Fortanix Armor, Armet AI, Data Security Manager, and Confidential Computing Manager.
Who are Fortanix's investors?
Fortanix has 6 investors. Key investors include Goldman Sachs, Foundation Capital, GiantLeap, Intel Capital, and Neotribe.