HyTrust has raised $97.0M in total across 5 funding rounds.
HyTrust's investors include Advance Venture Partners, Benhamou Global Ventures, Forgepoint Capital, Signia Venture Partners, VanedgeCapital Partners.
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 $97.0M across 5 funding rounds. Most recently, it raised $36.0M Series E in July 2017.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jul 1, 2017 | $36.0M Series E | Advance Venture Partners, Benhamou Global Ventures, Forgepoint Capital, Signia Venture Partners | |
| Mar 1, 2015 | $25.0M Series D | Benhamou Global Ventures, Forgepoint Capital, VanedgeCapital Partners | |
| Aug 1, 2013 | $19.0M Series C | Benhamou Global Ventures, Forgepoint Capital | |
| Feb 1, 2010 | $11.0M Series B | Benhamou Global Ventures, Forgepoint Capital | |
| Apr 1, 2009 | $6.0M Series A | Benhamou Global Ventures, Forgepoint Capital |