/// CipherCloud Lands $30 Million From Andreessen Horowitz

December 5, 2012  |  All Things Digital


One of the biggest ongoing concerns in the adoption of cloud computing options by large enterprises is security. When you get right down to it, moving data to a cloud application largely means putting it, or copies of it, outside the trusted corporate firewall. There aren’t many ways to alleviate that concern, but cloud companies, whether service providers like Amazon Web Services or application providers like Salesforce.com, have a pretty strong motivation to do everything they can to lock down their systems and prevent intrusions. And yet the concerns linger. CipherCloud is a start-up that has come up with an interesting solution to the problem, which comes down to this: Its customers place a secure gateway — it’s a virtual appliance that runs on the customer’s own on-premise hardware — that encrypts data that gets placed in the cloud. It works with several widely used cloud services as well, including Amazon, Salesforce.com’s Chatter and Force.com, Google’s Gmail and Microsoft’s Office 365. It has 40 enterprise customers and 1.2 million end users. The company said today that it has secured a $30 million in VC funding in a round led by Andreessen Horowitz. Also investing in the round are Index Ventures and T-Systems, the venture capital arm of the German telecom concern Deutsche Telekom. AH had previously been among CipherCloud’s seed investors. John M. Jack, a newly named board partner at AH, will join CipherCloud’s board. Jack is the former CEO of Fortify Software, which he sold to Hewlett-Packard in 2010. Before that, he was CEO at Covalent, which in 2008 was acquired by SpringSource, which was itself ultimately acquired by VMware in 2009. And before that, he was COO at Vantive, which was acquired by PeopleSoft in 1999, and is now part of Oracle. Jack said one of the things that impressed him and the team at AH was the fact that users never really know their data is being encrypted as it comes and goes from the cloud applications

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CipherCloud Lands $30 Million From Andreessen Horowitz


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