Covertix

Company Overview

Snapshot

Founded in February 2007, Covertix operates with 11–50 employees. The company has raised $10.1 million across 5 funding rounds from 7 investors. Covertix was acquired by Micro Focus in April 2018.

Business overview

Covertix develops solutions for complete control and protection of confidential files. Its patented SmartCipher solutions enable internal and external parties to share confidential files securely, minimizing risk and workflow interruption. The company's products are utilized by a diverse range of public and private tier-one enterprise customers globally, operating within the Cyber Security sector, specifically focusing on Data Security, and serving Enterprise & Professional Services markets.

Company Intelligence Q&A

What is Covertix's primary offering?

Covertix develops SmartCipher solutions designed to provide complete control and protection of confidential files, enabling secure sharing among internal and external parties with reduced risk.

When was Covertix acquired?

Covertix was acquired by Micro Focus in April 2018.

Which investors participated in Covertix's July 2014 funding round?

In July 2014, Covertix received funding from investors including 2B.VC and OurCrowd.

What was a key product announcement by Covertix in 2016?

In February 2016, Covertix announced complete data discovery and protection capabilities for enterprise file-sharing platforms such as Box, GoogleDrive, and Dropbox.

Which investors participated in Covertix's January 2011 funding round?

In January 2011, Covertix received funding from investors including Maayan Ventures.