About PortAuthority Technologies
PortAuthority Technologies is a Technology company based in Palo Alto (United States) founded in 2000, and was acquired by Forcepoint in December 2006. Security software is developed to prevent sensitive information leaks. PortAuthority Technologies has raised $31.4 million across 2 funding rounds from investors including Forcepoint, Sequoia Capital and Greylock Partners. Its focus areas include Enterprise Infrastructure, Cybersecurity, Data Security and Data Loss Prevention (DLP). Its competitors include Likewise, SECURITI and Vontu; 3 of its 3 listed competitors have raised funding.
Company details
PortAuthority develops security software that controls the communication of sensitive information via outbound e-mail, Internal, and Web. It offers information leak prevention and data recovery security solutions that stop leaks of private and confidential information by monitoring outbound enterprise communication and delivering policy enforcement. The company also provides various services, such as risk assessment, risk visibility and risk remediation, and installation services. It serves financial services, healthcare, government, and technology industries. PortAuthority Technologies, Inc. was formerly known as Vidius, Inc. and changed its name to in June 2005. The company was founded in 2000 and is based in Palo Alto, California with an additional office in Tel Aviv, Israel. As of January 8, 2007, PortAuthority Technologies, Inc. operates as a subsidiary of Websense Inc.
- Headquarters Palo Alto, United States
- Stage Acquired
- SectorsTechnology
- Website portauthoritytech.com
- Acquired by Forcepoint (Dec 2006)
- Total Equity Funding$31.4M (USD)
in 2 rounds
- Latest Funding Round$18M (USD), Series D
Aug 2006
- InvestorsForcepoint
& 3 more
- Acquired byForcepoint
(Dec 2006)
Funding Insights of PortAuthority Technologies
PortAuthority Technologies has successfully raised a total of $31.4M across 2 strategic funding rounds. The most recent funding activity was a Series D round of $18 million completed in August 2006. 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 $31.4M
- Total Rounds 2
- Last Round Series D — $18M
- First Round $13.4M
(Jun 2005)
- Investors Count 3
All 2 funding rounds of PortAuthority Technologies 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 |
|---|---|---|---|---|---|
| Aug 2006 | $18M | Series D | – | New Enterprise Associates | |
| Jun 2005 | $13.4M | Series C | – | Sequoia Capital, Greylock | – |
4 investors in total: 4 institutional.
Investors in PortAuthority Technologies
PortAuthority Technologies has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Forcepoint, Sequoia Capital and Greylock Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Sequoia Capital is engaged in venture capital investments. | 1972 | sequoiacap.com | ||
Venture capital firm specializing in early-stage tech investments and founder support. | 1965 | greylock.com | ||
Venture capital investments are offered to startups by NEA. | nea.com | Menlo Park, United States | ||
Cyber security suite solution for enterprises | 1994 | forcepoint.com | San Diego, United States |
Investor details for PortAuthority Technologies
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Timeline of PortAuthority Technologies
4 dated milestones of PortAuthority Technologies across 6 years, from founding to its latest funding, stage changes and deals.
- Founded PortAuthority Technologies is founded.
- Funding First funding round of $13.4M.
- Funding Latest funding round, Series D, of $18.0M.
- Exit Acquired by Forcepoint.
Competitors of PortAuthority Technologies
PortAuthority Technologies has 3 listed competitors in our database, 3 of them funded. They include Likewise, SECURITI and Vontu.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| likewise.com | 2004 | San Francisco, United States | $10M | 40 | Integrated identity and security solutions for storage vendors are offered. | |
| securiti.ai | 2018 | San Jose, United States | $156M | 64 | AI-based data loss prevention solutions are offered for privacy management. | |
| vontu.com | 2001 | San Francisco, United States | $35M | Policy-based data loss prevention software solutions were developed and provided. |
Detailed competitors of PortAuthority Technologies
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Top companies in Cybersecurity & Data Protection
3 companies that operate in the same segment as PortAuthority Technologies (Cybersecurity & Data Protection) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud based website security solutions | 2009 | San Francisco, California, United States | USD 332.1 M | USD 1.67 B | 7,330 | |
Cybersecurity and zero trust solutions are delivered for secure networks. | 2007 | San Jose, California, United States | USD 148 M | USD 3.35 B | 9,616 | |
Cloud-based identity management solutions are provided for enterprises. | 2002 | Denver, Colorado, United States | USD 136.89 M | USD 36.94 M | 821 |
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Frequently Asked Questions about PortAuthority Technologies
PortAuthority Technologies was founded in 2000 and raised its 1st funding round 5 years after it was founded.
PortAuthority Technologies is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
PortAuthority Technologies is a funded company, having raised a total of $31.4M across 2 funding rounds to date. The company's 1st funding round was a Series C of $13.4M, raised on Jun 2005.
PortAuthority develops security software that controls the communication of sensitive information via outbound e-mail, Internal, and Web. It offers information leak prevention and data recovery security solutions that stop leaks of private and confidential information by monitoring outbound enterprise communication and delivering policy enforcement. The company also provides various services, such as risk assessment, risk visibility and risk remediation, and installation services. It serves financial services, healthcare, government, and technology industries. PortAuthority Technologies, Inc. was formerly known as Vidius, Inc. and changed its name to in June 2005. The company was founded in 2000 and is based in Palo Alto, California with an additional office in Tel Aviv, Israel. As of January 8, 2007, PortAuthority Technologies, Inc. operates as a subsidiary of Websense Inc.
PortAuthority Technologies has 4 investors. Key investors include Forcepoint, Sequoia Capital, Greylock Partners, and NEA.
Yes. PortAuthority Technologies was acquired by Forcepoint in December 2006.