HyTrust raises $18.5M in Series C funding

Today, August 26, Mountain View, CA, headquartered HyTrust Inc., a Cloud Security Automation (CSA) Company, announced Series C funding from Intel Capital and Fortinet, as well as VMware and In-Q-Tel. The new funding will be invested to growth and operation in the area of sales and marketing, enabling development on the cloud security platform as well as Role-Base Monitoring (RBM).

HyTrust’s Series C financing round follows a year of growth with worldwide sales on target to quadruple in 2013 continuing delivering security, control, visibility, management and compliance to virtualized environments, serving corporations in a wide range of industries.

Eric Chiu, President and Founder of HyTrust, said:
Averting a datacenter disaster is top-of-mind for every chief information and security officer, and HyTrust provides complete visibility into what’s happening in cloud environments, with advancements that enable customers to identify and stop breaches before damage is done, in the current environment, following widely publicized incidents like the NSA and Shionogi breaches, organizations are far more aware of the dangers of not having real-time visibility into datacenter operations, or the assurance that policies are automated, applied correctly and enforced. They need to know that potential threats can be contained—it’s the only way to maintain brand reputation, protect revenues and mitigate financial risk.