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Vormetric  Acquired by Thales (2015 $ 400,000,000 )

2545 N. 1st Street
San Jose, CA 95131
(408) 433-6000
Website Company Summary Management Team

Outside board: (May no longer be on the board) Tom McConnell (Vanguard Venture Partners Managing Director) Brian M. NeSmith (Blue Coat Systems Former CEO) Bob Spinner (Sigma Partners Managing Director) William J. Schroeder (Vormetric Former CEO) Tasha Seitz (JK&B Capital Partner) Steve Schlossareck (Quantum Technology Ventures Managing Director)
Former outside board: Kenneth A. Goldman (Siebel Systems Former CFO) Daniel Eilers (Vanguard Venture Partners General Partner) Marc Sokol (JK&B Capital)

Business description: Vormetric is the leader in enterprise encryption and key management. The Vormetric Data Security solution provides a single, manageable and scalable solution to encrypt any file, any database, any application, anywhere it resides— without sacrificing application performance or creating key management complexity. Some of the largest and most security conscious organizations and government agencies in the world, including 7 of the Fortune 20, have standardized on Vormetric to provide strong, easily manageable data security. Vormetric technology has been selected by IBM as the only database encryption solution for DB2 and Informix on Linux™, Unix® and Windows; by Symantec to provide the Symantec Veritas NetBackup™ Media Server Encryption Option; and by Oracle to secure the execution environment for Oracle® Database Vault.
Customers include: HavokOcwen Financial;  BCAA;  Classified Ventures;  IndustrySuite;  MetaBank;  Prudential
Partners include: OracleSybaseVeritas Technologies

Rounds: 5
Recent Fundings: Jun 2013   Mar 2008
Capital raised: 50.3M
Last Round: 15.0M
Ownership: Acquired by Thales (2015 $ 400,000,000 )

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Record updated: Oct 2015
Sector: Communications
Year Founded: 2001
Headcount: 51-75 as of Oct 2004
Rounds: 5
Recent Fundings: Jun 2013   Mar 2008
Capital Raised: 50.3M
Last Round: 15.0M
Ownership: Acquired by Thales (2015 $ 400,000,000 )