The past couple of years have brought quite a lot of attention to enterprise security. Between more and more security breaches, the every-growing trend of cloud security and most notable Edward Snowden’s debacle the the NSA, enterprise security can’t seem to stay out of the limelight. Everywhere you turn, it seems like there is a new story in regards to this topic. As more and more start-ups pop up all over, these companies also need to protect their data with some sort of enterprise data security solution. As these things continue to add up, the topic of enterprise data and security continues to get hotter with no visible signs of cooling off anytime soon.
Bitglass is a company that has a primary focus on enterprise data security. No matter where that data exists, whether it be on smartphones, the cloud or anywhere else, Bitglass will protect that data. Thanks to all of the conversations and debates going on about enterprise security recently, the data security company has seen a drastic boost up to a $25 million USD series B round. Bitglass was founded just one year ago back in 2013. Since then, the company has collected an incredible $35 million USD in total funding. Some of the most notable features of Bitglass include, device security, encryption services and data tracking/visibility. As the topic of enterprise security continually gets more and more talked about with our current security situation online, it’s really no surprise that Bitglass is in the position that they are right now. Some of their current investors include big names, such as Norwest and NEA.
As time goes on, we can only expect Bitglass and other similar services continue to grow. The security situation with data, especially with the enterprise market, has never been bigger and more important than it is right now. And really, that’s not a bad thing at all. As more controversy seems to come out regarding the NSA with every day that passes, making sure your data is as secure as it can be makes a lot of sense. Jeff Karras is the managing director of SingTel Innov8. When talking about Bitglass, Karras said that “Data security takes center stage in this era of cloud and mobile. Bitglass is a leader in the US and we look forward to helping them gain global momentum.”
With the new funds, Bitglass plans on expanding their total sales, a stronger focus on marketing and further development of the company’s Total Data Protection service. Nat Kausik, Bitglass’s CEO, said “We are honored to attract capital from investors with a first-hand understanding of the markets we serve. The fresh capital will enable us to accelerate innovation and growth.” As the uncertainty behind data security continues to increase, the growth of Bitglass will continue to expand as well. For just being around since late 2013, the data security company has already proven themselves a force to be reckoned with.