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§ Private Profile · Mountain View, CA, USA
HyTrust is a technology company.
HyTrust develops security, compliance, and control software designed for virtualized and cloud infrastructure environments. The company’s core offerings enable organizations to establish robust access control, manage Active Directory integration, harden hosts, and provide comprehensive logging and root access governance. These solutions empower enterprises to secure sensitive data and applications across private, hybrid, and public cloud deployments, ensuring regulatory adherence and operational integrity within complex IT landscapes.
The company was founded in 2007, with Renata Budko and Boris Belov identified as initial founders. Eric Chiu also played a pivotal role as co-founder and President, contributing significantly to the company's early vision and leadership. The founding insight centered on addressing the burgeoning security and compliance challenges inherent in the increasing adoption of virtualization and cloud computing by enterprises.
HyTrust targets enterprises seeking to mitigate risks and maintain compliance in their increasingly virtualized and cloud-based operations. Its products are utilized by organizations to gain visibility and control over their cloud infrastructure. The company’s long-term vision focuses on securing the evolving landscape of cloud security, aiming to provide essential governance and protection for critical workloads and data as businesses migrate more operations to the cloud.
HyTrust has raised $130.0M across 6 funding rounds.
HyTrust has raised $130.0M in total across 6 funding rounds.
HyTrust is a technology company that builds cloud security automation solutions, specializing in workload security for private, public, and hybrid cloud environments.[1][2][3] It serves enterprises, service providers, and government agencies by automating security controls for software-defined computing, networking, and storage workloads, delivering high visibility, granular policy enforcement, data protection, encryption, and key management to meet compliance standards like GDPR, PCI-DSS, HIPAA, HITECH, and FedRAMP.[1][2][3][7] These tools help customers accelerate cloud adoption, cut virtualization costs, enforce real-time policies, adapt to regulations, and prevent outages, addressing core risks in virtualized infrastructures.[1][2][4] Founded in 2007 and headquartered in Mountain View, California, HyTrust raised $105M from investors including VMware, Cisco, Intel, Fortinet, In-Q-Tel, and others before being acquired by Entrust in January 2021.[1][3][5]
HyTrust was founded in 2007 by veterans in enterprise infrastructure and security who foresaw virtualization and cloud transforming data centers while identifying security as a major adoption barrier.[3][6] These founders focused on protecting three key workload attributes—confidentiality, integrity, and availability—to enable trustworthy multi-cloud security, mitigating risks of data center failures and breaches.[6] Early traction came from backing by strategic IT giants like VMware, Cisco, Intel, and Fortinet, plus In-Q-Tel and VCs such as AIT Ventures, Granite Ventures, Trident Capital, and Vanedge Capital.[1][5] Pivotal moments included awards like CRN’s “20 Coolest Cloud Security Vendors,” VMworld’s 2015 Gold Award, and Intel Security Focus 2015’s Most Innovative Cloud Company, solidifying its role in cloud security.[1]
HyTrust rode the early 2000s virtualization and cloud adoption wave, addressing security gaps that inhibited enterprise shifts from on-premises to hybrid/multi-cloud models.[3][6][7] Its timing aligned with rising compliance demands and breach risks in concentrated virtual environments, making it a key enabler for cost savings and scalability.[1][2] Market forces like software-defined infrastructure growth and regulations (e.g., GDPR, HIPAA) favored its policy-driven automation, influencing the ecosystem by partnering with hyperscalers and setting standards for trustworthy clouds—evident in awards and In-Q-Tel ties for government/intelligence use.[1][3][5] Post-acquisition by Entrust in 2021, its tech bolsters broader identity and data security trends.[3][7]
As an Entrust company since 2021, HyTrust's solutions are poised to evolve within expanding identity-security platforms, integrating with AI-driven threat detection and zero-trust architectures amid accelerating multi-cloud migrations.[3][7] Trends like rising ransomware, quantum-resistant encryption, and regulatory scrutiny (e.g., evolving FedRAMP) will shape its path, potentially amplifying impact through Entrust's global reach in compliance-heavy sectors.[1][3] Its influence may grow by embedding workload controls in sovereign clouds and edge computing, reinforcing HyTrust's foundational role in making cloud infrastructure inherently trustworthy for mission-critical apps.[2][6]
HyTrust has raised $130.0M across 6 funding rounds. Most recently, it raised $36.0M Series E in July 2017.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jul 1, 2017 | $36M Series E | David Ibnale | Advance Venture Partners, Benhamou Global Ventures, ForgePoint Capital, Signia Venture Partners, Cisco, Epic Ventures, Fortinet, Intel, Sway Ventures, Trident Capital, Vanedge Capital, Vmware | Announced |
| Apr 1, 2015 | $33M Debt Financing | Bill Malloy | Cisco, City National Bank, Epic Ventures, Fortinet, Granite Ventures, Intel, Trident Capital, MOE Kermani, Vmware | Announced |
| Mar 1, 2015 | $25M Series D | — | Benhamou Global Ventures, ForgePoint Capital, Vanedgecapital Partners | Announced |
| Aug 1, 2013 | $19M Series C | — | Benhamou Global Ventures, ForgePoint Capital, Cisco, Epic Ventures, Michael XIE, Granite Ventures, IN Q TEL, Arvind Sodhani, Trident Capital, Vmware | Announced |
| Feb 1, 2010 | $11M Series B | Cisco, LEN Rand | Benhamou Global Ventures, ForgePoint Capital, Epic Ventures, Trident Capital | Announced |
| Apr 1, 2009 | $6M Series A | Trident Capital | Benhamou Global Ventures, ForgePoint Capital, Epic Ventures | Announced |
HyTrust has raised $130.0M in total across 6 funding rounds.
HyTrust's investors include David Ibnale, Advance Venture Partners, Benhamou Global Ventures, Forgepoint Capital, Signia Venture Partners, Cisco, Epic Ventures, Fortinet, Intel, Sway Ventures, Trident Capital, Vanedge Capital.