Kindite

Company Overview

Snapshot

Founded in February 2017 by Maor Cohen and Aviad Lahav, Kindite operated with 1–10 employees. The company was acquired by RingCentral in March 2021, marking a significant exit for the cloud security firm.

Business overview

Kindite specializes in cloud data encryption, providing solutions that enable organizations to migrate to the cloud while addressing data privacy concerns. Its patented encryption technology allows for the processing of encrypted data in the cloud without decryption, ensuring data remains unreadable throughout its lifecycle. Kindite serves various industries, including enterprises, retailers, service providers, healthcare providers, clinics, hospitals, and banks, focusing on compliance, data protection, and privacy protection within the cyber security sector.

Strategic signal

In March 2021, Kindite was acquired by RingCentral. This acquisition highlights the increasing demand for robust security technologies in business communications and video conferencing platforms, signaling a strategic move by RingCentral to enhance its offerings with advanced encryption capabilities and address growing privacy concerns in cloud-based services.

Company Intelligence Q&A

When was Kindite acquired?

Kindite was acquired by RingCentral in March 2021.

When did Kindite strengthen its partnership with Microsoft?

Kindite strengthened its partnership with Microsoft in October 2020, as reported by The Fast Mode, focusing on enhancing cloud security solutions.

Who are the founders of Kindite?

Kindite was founded by Maor Cohen and Aviad Lahav.

What is Kindite's core technology?

Kindite's core technology is patented encryption designed to process encrypted data in the cloud without decryption, ensuring data privacy and security.