# Porticor

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

- Industry: Software
- Headquarters: Ramat HaSharon, Israel
- Website: www.porticor.com
- Total disclosed funding: $3.5M
- Latest round: Series B (Jul 17, 2013)
- Investors on record: 2

## About

Porticor Ltd. specializes in providing innovative cloud security solutions, enabling businesses to protect their data in cloud environments through advanced encryption and management services.Founded in 2010, Porticor Ltd. is based in Ramat HaSharon, Israel, and focuses on cloud data security. The company has completed three significant deals, with its latest funding round being a Series B of USD 2.00 mn raised from Glilot Capital Partners and Ibex Investors in February 2015. Porticor was founded to address the growing need for secure cloud computing solutions.Porticor specializes in cloud security, offering advanced encryption services and management solutions that protect sensitive data stored in cloud environments. Their offerings help clients mitigate risks associated with data breaches and ensure compliance with regulatory standards, catering to a diverse clientele across various industries including technology and finance.Porticor's revenue is generated through subscription-based services, where clients opt for annual plans that provide comprehensive cloud security solutions. Transactions typically include ongoing support and maintenance, allowing for effective data protection and client retention. Their structured service offerings ensure reliable revenue streams.Porticor plans to enhance its product line with new cloud security features aimed at addressing emerging threats in the digital landscape, with a launch targeted for late 2023. The company aims to expand its market presence into North America and Europe by 2024, leveraging recent funding to invest in marketing and product development initiatives.

## Funding rounds

- Series B, Jul 17, 2013, $2M — Ibex Investors, Glilot Capital Partners
- Series A, Feb 19, 2012, $1.5M — Glilot Capital Partners

## Investors

- Glilot Capital Partners (https://capitalatlas.ai/funds/glilot-capital-partners) — Series A, Series B
- Ibex Investors (https://capitalatlas.ai/funds/ibex-investors) — Series B