PGP Corporation

Menlo Park, United States Founded: 1996 • Age: 30 yrs Acquired By Symantec
Email and data encryption software is provided for enterprise protection.
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About PGP Corporation

PGP Corporation is a company based in Menlo Park (United States) founded in 1996 was acquired by Symantec in April 2010.. PGP Corporation has raised $27.53 million across 2 funding rounds from investors including Symantec, D. E. Shaw Group and DCM. PGP Corporation has completed 2 acquisitions, including Chosen Security and Trust Center. PGP Corporation operates in a competitive market with competitors including Dropbox, Proton, PKWARE, Ockam and Decru, among others.

  • Headquarter Menlo Park, United States
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Pgp Corporation
Operational Areas
Technology → Cybersecurity & Privacy Solutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $27.53 M (USD)

    in 2 rounds

  • Latest Funding Round
    $227.7 K (USD), Series C

    Jun 05, 2009

  • Investors
    Symantec

    & 5 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    Symantec

    & 1 more

    (Apr 29, 2010)

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Funding Insights of PGP Corporation

PGP Corporation has successfully raised a total of $27.53M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $227.7 thousand completed in June 2009. 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 Rounds 2
  • Last Round Series C — $227,700
  • First Round

    (20 Jun 2007)

  • Investors Count 4
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2009 Amount Series C - PGP Corporation Valuation

investors

Jun, 2007 Amount Series C - PGP Corporation Valuation

investors

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 PGP Corporation

PGP Corporation has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Symantec, D. E. Shaw Group and DCM. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Tech-focused seed, early, and mid-stage VC investments are made globally.
Founded Year Domain Location
Investment in technology startups focusing on compute, AI, and related innovations.
Founded Year Domain Location
Venture capital firm focused on tech sectors
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 PGP Corporation

PGP Corporation has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Chosen Security and Trust Center. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
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
Acquisitions
Company Name Description Domain Location Founded Year Amount
Digital certificates are issued for web security and identity verification.
1997
Digitization and transformation services are provided across various sectors.
1997
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - PGP Corporation

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Pgp Corporation Comparisons

Employees
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Competitors of PGP Corporation

PGP Corporation 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, PKWARE, Ockam and Decru, 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.
domain founded_year HQ Location
Encrypted digital services are provided by Proton for privacy-focused users.
domain founded_year HQ Location
Cross-platform encryption, key management, and compression software is developed.
domain founded_year HQ Location
A blockchain-based registry for IoT devices is provided.
domain founded_year HQ Location
Encryption appliances for network and data security are provided.
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 Pgp Corporation

Frequently Asked Questions about PGP Corporation

When was PGP Corporation founded?

PGP Corporation was founded in 1996 and raised its 1st funding round 11 years after it was founded.

Where is PGP Corporation located?

PGP Corporation is headquartered in Menlo Park, United States. It is registered at Menlo Park, California, United States.

Is PGP Corporation a funded company?

PGP Corporation is a funded company, having raised a total of $27.53M across 2 funding rounds to date. The company's 1st funding round was a Series C of $27.3M, raised on Jun 20, 2007.

What does PGP Corporation do?

PGP Corporation provided email and data encryption software for enterprise data protection based on a unified key management and policy infrastructure. Company acquired code base of Pretty Good Privacy (PGP) which was implementation of free public-key cryptography. PGP products included whole disk encryption, file encryption, messaging, mobile security and key policy management products. It acquired certificate authority TC TrustCenter with its parent company ChosenSecurity to form its new PGP TrustCenter division.

Who are the top competitors of PGP Corporation?

PGP Corporation's top competitors include Dropbox, Proton and Ockam.

How many acquisitions has PGP Corporation made?

PGP Corporation has made 2 acquisitions, including Chosen Security, and Trust Center.

Who are PGP Corporation's investors?

PGP Corporation has 6 investors. Key investors include Symantec, D. E. Shaw Group, DCM, Intel Capital, and Venrock.

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