Dark Reading is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Cloud

7/11/2017
10:34 AM
50%
50%

HyTrust Raises $36M, Buys DataGravity for Policy Enforcement

Cloud security firm HyTrust closed $36 million in Series E funding and purchased DataGravity to automate policy enforcement for workload data.

Workload security provider HyTrust has announced it raised $36 million in Series E funding. A portion of this new round of investment will fund the acquisition of data security firm DataGravity, the company said today.

HyTrust will also use its new funds to drive product development, as well as sales and marketing efforts, at a critical time for the cloud security solutions industry. Forrester anticipates the market will grow 28% each year, from $1.5B in 2017 to $3.5B in 2021.

The acquisition will help HyTrust automate security policy enforcement for workload data. It plans to leverage DataGravity's data discovery and classification expertise to build on its tools for protecting information in the cloud.

"The acquisition will accelerate the expansion of HyTrust’s platform capabilities and capitalize on the high-growth cloud security market," said HyTrust co-founder and president Eric Chiu. "DataGravity's data discovery and classification capabilities support HyTrust's mission to deliver a security policy framework that provides customers with full visibility, insight and enforcement of policy across workloads."

Terms of the deal were not disclosed, though members of the DataGravity team will be joining HyTrust. DataGravity was founded in 2014 and had raised $92 million in funding.

Read more details about the funding and acquisition.

Dark Reading's Quick Hits delivers a brief synopsis and summary of the significance of breaking news events. For more information from the original source of the news item, please follow the link provided in this article. View Full Bio

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
US Turning Up the Heat on North Korea's Cyber Threat Operations
Jai Vijayan, Contributing Writer,  9/16/2019
Fed Kaspersky Ban Made Permanent by New Rules
Dark Reading Staff 9/11/2019
NetCAT Vulnerability Is Out of the Bag
Dark Reading Staff 9/12/2019
Register for Dark Reading Newsletters
White Papers
Video
Cartoon Contest
Current Issue
7 Threats & Disruptive Forces Changing the Face of Cybersecurity
This Dark Reading Tech Digest gives an in-depth look at the biggest emerging threats and disruptive forces that are changing the face of cybersecurity today.
Flash Poll
The State of IT Operations and Cybersecurity Operations
The State of IT Operations and Cybersecurity Operations
Your enterprise's cyber risk may depend upon the relationship between the IT team and the security team. Heres some insight on what's working and what isn't in the data center.
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2019-16395
PUBLISHED: 2019-09-17
GnuCOBOL 2.2 has a stack-based buffer overflow in the cb_name() function in cobc/tree.c via crafted COBOL source code.
CVE-2019-16396
PUBLISHED: 2019-09-17
GnuCOBOL 2.2 has a use-after-free in the end_scope_of_program_name() function in cobc/parser.y via crafted COBOL source code.
CVE-2019-16199
PUBLISHED: 2019-09-17
eQ-3 Homematic CCU2 before 2.47.18 and CCU3 before 3.47.18 allow Remote Code Execution by unauthenticated attackers with access to the web interface via an HTTP POST request to certain URLs related to the ReGa core process.
CVE-2019-16391
PUBLISHED: 2019-09-17
SPIP before 3.1.11 and 3.2 before 3.2.5 allows authenticated visitors to modify any published content and execute other modifications in the database. This is related to ecrire/inc/meta.php and ecrire/inc/securiser_action.php.
CVE-2019-16392
PUBLISHED: 2019-09-17
SPIP before 3.1.11 and 3.2 before 3.2.5 allows prive/formulaires/login.php XSS via error messages.