# HyTrust

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/hytrust

- Industry: Software
- Headquarters: Mountain View, US
- Website: http://www.hytrust.com
- Total disclosed funding: $104M
- Latest round: Series E (Jun 13, 2017)
- Investors on record: 13

## About

HyTrust, Inc. specializes in providing comprehensive security solutions for cloud environments, focusing on encryption key management and compliance. Their offerings enhance data protection and regulatory adherence for organizations across various sectors.Founded in 2007 by Eric Chiu, HyTrust, Inc. is headquartered in Mountain View, US. The company has raised a total of USD 36.00 mn across multiple funding rounds, with its latest round being Series E led by Advance Venture Partners. The most recent deal occurred on January 14, 2021, when Entrust Corporation acquired HyTrust, Inc. from a group of investors including EPIC Ventures and Cisco Systems.HyTrust, Inc. provides a suite of encryption key management solutions with its flagship product, KeyControl. This platform simplifies and automates the management of cryptographic assets in multi-cloud environments, integrating traditional key lifecycle management with a decentralized vault-based architecture. The KeyControl Compliance Manager enables centralized policy management and oversight, ensuring regulatory compliance in diverse sectors such as finance, healthcare, and government. HyTrust's products are marketed globally, with a significant presence in North America, Europe, and Asia-Pacific.HyTrust's revenue model is based on subscriptions for its key management solutions. Clients enter into annual or multi-year contracts, allowing access to HyTrust's systems and ongoing support. This structure enables direct B2B transactions tailored to the varying needs of organizations, facilitating a predictable revenue stream. Specific pricing plans are available for individual products, including KeyControl and hardware security modules like nShield®, accommodating various deployment scenarios in on-premises, hybrid, and multi-cloud infrastructures.HyTrust, Inc. aims to enhance its product offerings and expand into new markets. Following the acquisition by Entrust Corporation in January 2021, the company is focusing on developing new products and preparing for market entry into additional geographic regions. Recent funding from the Series E round will be leveraged to support product development and market expansion strategies.

## Funding rounds

- Series E, Jun 13, 2017, $36M — Trident Capital, EPIC Ventures, Intel Capital, Cisco Systems, Vanedge Capital, VMware, Inc., Fortinet, Inc., Sway Capital, Advance Venture Partners, Nex Cubed
- Series D, Apr 1, 2015, $33M — Trident Capital, EPIC Ventures, Intel Capital, City National Corporation, Cisco Systems, Granite Ventures, Vanedge Capital, VMware, Inc., Fortinet, Inc., Sway Capital
- Series C, Aug 26, 2013, $6.1M — Trident Capital, EPIC Ventures, Intel Capital, Cisco Systems, Granite Ventures, In-Q-Tel, Fortinet, Inc.
- Series C, Jun 28, 2013, $13M — Trident Capital, EPIC Ventures, Cisco Systems, Granite Ventures, In-Q-Tel, VMware, Inc.
- Series B, Feb 24, 2010, $0.5M — Trident Capital, EPIC Ventures, Cisco Systems, Granite Ventures
- Series B, Dec 31, 2009, $10M — Trident Capital, EPIC Ventures, Cisco Systems, Granite Ventures
- Series A, Aug 15, 2008, $5.5M — Trident Capital, EPIC Ventures

## Investors

- Trident Capital (https://capitalatlas.ai/funds/trident-capital) — Series A, Series B, Series C, Series D, Series E
- EPIC Ventures (https://capitalatlas.ai/funds/epic-ventures) — Series A, Series B, Series C, Series D, Series E
- Cisco Systems — Series B, Series C, Series D, Series E
- Granite Ventures (https://capitalatlas.ai/funds/granite-ventures) — Series B, Series C, Series D
- In-Q-Tel (https://capitalatlas.ai/funds/in-q-tel) — Series C
- VMware, Inc. — Series C, Series D, Series E
- Intel Capital (https://capitalatlas.ai/funds/intel-capital) — Series C, Series D, Series E
- Fortinet, Inc. — Series C, Series D, Series E
- City National Corporation — Series D
- Vanedge Capital (https://capitalatlas.ai/funds/vanedge-capital) — Series D, Series E
- Sway Capital (https://capitalatlas.ai/funds/sway-capital) — Series D, Series E
- Advance Venture Partners (https://capitalatlas.ai/funds/advance-venture-partners) — Series E
- Nex Cubed (https://capitalatlas.ai/funds/nex-cubed) — Series E