CipherCloud Raises $30M from Andreessen Horowitz
Summary
CipherCloud, a San Jose, CA-based developer of technology to protect cloud data, has raised $30m in funding from Andreessen Horowitz.The company intends to use the capital to accelerate its global sales and marketing efforts, to further develop its cloud information protection offerings and to advance its technology.Founded in 2010 by CEO Pravin Kothari, CipherCloud provides cloud encryption and tokenization gateways to enable organizations to securely adopt cloud applications by eliminating concerns about data privacy, residency, security, and regulatory compliance.The company’s product portfolio supports cloud applications including Salesforce, Force.com, Chatter, Google Gmail, Microsoft Office 365, and Amazon AWS.Customers include more than 40 enterprise clients across eight countries in banking, insurance, healthcare and technology, as well as government agencies.