Fortanix - Series C

Fortanix is a data-first multi-cloud security company and a pioneer in Confidential Computing. Today, data is spread across clouds, SaaS, applications, storage systems and data centers. Fortanix decouples security from infrastructure to address the challenges of securing sensitive data, wherever it may be located, across its entire life cycle, whether it is at-rest, in-motion or in-use. Fortanix customers include organizations of all sizes and a wide range of verticals, including some of the biggest global brands and Fortune 50 companies. Fortanix is a founding member of the Confidential Computing Consortium and has a strong ecosystem of strategic partners including Intel, Microsoft, AWS, Google, Snowflake and ServiceNow. Fortanix has been a recipient of many industry awards and recognitions including Gartner Cool Vendor.

Cybersecurity startup Fortanix Inc. is rolling out two new software tools designed to protect blockchain users' digital assets from hacking and prevent erroneous transactions. Fortanix carries out the two-factor authentication process in a so-called trusted execution environment. A trusted execution environment is an isolated section of a server's memory that is accessible only to a specific application. Other applications running on the same server, administrators and even the server’s operating system can't access the isolated memory.