UPDATED 19:21 EDT / MARCH 30 2023

SECURITY

Zero-trust content security startup Votiro raises $11.5M

Zero-trust content security startup Votiro Cybersec Ltd. today announced that it has raised $11.5 million in new funding to accelerate its marketing and sales reach in North America and to advance its data detection and analytics services.

Founded in 2010, Votiro offers file security and safety through enhanced data detection and analytics capabilities. The company says its platform eliminates file-borne attacks from email, web downloads, portal uploads and file sharing platforms.

Votiro argues that weaponized files are the most common and evasive attack vectors in businesses, since weaponized files can enter through multiple enterprises, cloud, portal, third-party and collaboration channels. Files also carry sensitive business data that can be compromised and pose operational and compliance-related risks to an organization. That’s where Votiro steps in.

The company’s threat prevention and data privacy solutions are said to reduce complexity and enable enhanced security outcomes. The platform’s content awareness enables deep content analysis not visible to other cyber defense layers, according to Votiro.

Votiro ZT Cloud is a Layer 7, Open API-based service that integrates seamlessly with existing information technology and security platforms. External support is offered out of the box and is available for Amazon Web Services Inc., Microsoft Azure, Zscaler Inc., Box Inc. and Fortinet Inc. services, among others.

The company saw strong growth through 2022, doubling its sales off an undisclosed base and releasing new capabilities. Notable customers include Motorola Solutions Inc., Sony Corp., NEC Corp., Samsung Electronics Co. Ltd. and Fuji Electric Co Ltd.

“We have proven the customer value in expanding beyond disarming and integrating solutions that deliver rich data security insights and analytics into the files and how they are used across the enterprise,” Ravi Srinivasan, chief executive officer of Votiro, said in a statement. “This ensures security teams are prepared for known and unknown threats at the speed of today’s high-velocity digital business.”

Harvest Lane Asset Management LLC led the new funding round. Including the new funding, Votiro has raised $25.5 million to date, according to data from Crunchbase. Previous investors include Senetas Corp. Ltd., Divergent Group LLC and Redfield Asset Management Ltd.

Image: Votiro

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