# PrivateCore

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

- Industry: Software
- Headquarters: Menlo Park, US
- Website: www.privatecore.com
- Total disclosed funding: $2.4M
- Latest round: Seed (Jun 6, 2012)
- Investors on record: 2

## About

PrivateCore Inc. specializes in cybersecurity solutions, providing robust protection for x86 server environments through innovative software-based technologies designed to secure sensitive data and enhance system integrity.Founded in 2011 in Menlo Park, US, PrivateCore Inc. focuses on developing security solutions for enterprise-level x86 server environments. The company went through a pivotal change in August 2014 when it was acquired by Facebook, though specific terms were not disclosed. The company has participated in 2 deals, with its most recent funding round being a Seed round in August 2014, raising USD 2.40 mn led by Foundation Capital. The total amount raised currently stands at USD 2.40 mn with a valuation of USD 18.67 mn.PrivateCore’s core offering, vCage, is a security solution that enhances the integrity and confidentiality of x86 server environments. It employs software-based attestation and full-memory encryption to protect sensitive data from unauthorized access. Additionally, vCage includes operating system hardening to reduce OS-level vulnerabilities, making it essential for enterprises that manage critical workloads. Its clientele primarily comprises large enterprises in technology and finance across North America and Europe, where compliance with stringent data protection regulations is necessary.PrivateCore's revenue model is based on subscription pricing for its flagship product, vCage. Clients typically engage in annual agreements that ensure access to the software and continuous support services. Such contracts are structured as Business-to-Business (B2B) agreements, allowing enterprises to choose service tiers according to their security requirements. This model facilitates scalable pricing and maintains ongoing client relationships through regular updates and enhancements, aligning well with market compliance needs.In light of the recent acquisition by Facebook in August 2014, PrivateCore is expected to leverage its innovative capabilities within a broader technology landscape, potentially leading to the release of new products that integrate with Facebook’s existing infrastructure. The exact details and timelines for these upcoming products have not been disclosed. The company aims to expand its market presence, targeting new geographic regions where cybersecurity demands are increasing, although specific markets and timelines are not provided. Recent funding will support these strategic initiatives, aimed at enhancing their product offerings and market penetration.

## Funding rounds

- Seed, Jun 6, 2012, $2.4M — Foundation Capital, TSVC

## Investors

- Foundation Capital (https://capitalatlas.ai/funds/foundation-capital) — Seed
- TSVC (https://capitalatlas.ai/funds/tsvc) — Seed