About Kindite
Kindite is a Technology company based in Tel Aviv (Israel) founded in 2016, and was acquired by RingCentral in March 2021. Stealth Mode: Encryption based cloud data security. Kindite has raised $4 million across 1 funding round from investors including RingCentral, Elron Ventures and Elron Ventures. The company was acqui-hired. Its focus areas include Enterprise Infrastructure, Cybersecurity, Data Security and Cloud Data Security.
Company details
Kindite was founded in 2016 in Tel Aviv, Israel, as a cybersecurity startup operating in stealth mode. A solution for cloud data security is being developed, with emphasis on encryption that aligns with cloud scale economy. The founder and CTO, Aviad Lahav, previously served as Chief Architect and acting CTO at Vaultive, a cloud security company. Four relevant US patents were granted to him for encryption gateway developments there.
- Headquarters Tel Aviv, Israel
- Stage Acquired
- SectorsTechnology
- Email••••••••
- Website kindite.com
- Social LinkedIn
- Acquired by RingCentral (Mar 2021)
- Total Equity Funding$4M (USD)
in 1 rounds
- Latest Funding Round$4M (USD), Series A
Oct 2018
- InvestorsRingCentral
& 3 more
- Acquired byRingCentral
(Mar 2021)
Funding Insights of Kindite
Kindite has successfully raised a total of $4M through 1 strategic funding round. The most recent funding activity was a Series A round of $4 million completed in October 2018. 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 $4M
- Total Rounds 1
- Last Round Series A — $4M
- First Round $4M
(Oct 2018)
- Investors Count 3
All 1 funding rounds of Kindite 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 |
|---|---|---|---|---|---|
| Oct 2018 | $4M | Series A | – | Rafael Development Corporation, Elron Ventures |
4 investors in total: 4 institutional.
Investors in Kindite
Kindite has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include RingCentral, Elron Ventures and Elron Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-growth technology startups are supported by Elron Ventures. | 1962 | rdc.co.il | Tel Aviv, Israel | |
Venture capital firm focused on early-stage technologies companies | 1962 | elronventures.com | Tel Aviv, Israel | |
Stage-agnostic tech-focused VC firm investing in geographies such as Israel and China | ceiif.com | |||
Cloud-based unified communication solutions are offered to diverse sectors. | 1999 | ringcentral.com | Belmont, United States |
Investor details for Kindite
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- Round participation
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Timeline of Kindite
3 dated milestones of Kindite across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Kindite is founded.
- Funding First funding round of $4.0M.
- Exit Acquired by RingCentral.
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Frequently Asked Questions about Kindite
Kindite was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Kindite is headquartered in Tel Aviv, Israel.
Kindite is a funded company, having raised a total of $4M across 1 funding round to date. The company's 1st funding round was a Series A of $4M, raised on Oct 2018.
Kindite was founded in 2016 in Tel Aviv, Israel, as a cybersecurity startup operating in stealth mode. A solution for cloud data security is being developed, with emphasis on encryption that aligns with cloud scale economy. The founder and CTO, Aviad Lahav, previously served as Chief Architect and acting CTO at Vaultive, a cloud security company. Four relevant US patents were granted to him for encryption gateway developments there.
Kindite has 4 investors. Key investors include RingCentral, Elron Ventures, Elron Ventures, and CE Ventures.
Yes. Kindite was acquired by RingCentral in March 2021.