Safend

Data Protection Solutions for Enterprises

Cyber Security
Acquired by SuperCom on Mar 2016

Company Overview

Snapshot

Founded in March 2003 by Gil Sever, Safend operates with 11–50 employees. The company raised a total of $18.9 million across 3 funding rounds from 5 investors. Safend was acquired by SuperCom in March 2016.

Business overview

Safend provides a comprehensive and unified data loss prevention (DLP) solution designed for security-conscious small businesses, large enterprises, and government agencies. Its Data Protection Suite offers protection against endpoint data loss, misuse, and theft through a single server, management console, and agent architecture. The solution includes modular components for encrypting internal hard drives, controlling ports and devices, inspecting and blocking sensitive content leakage, classifying data on endpoints, generating compliance reports, and auditing connected devices. Safend serves clients in federal, state, and local governments, healthcare, and finance, helping them comply with regulations such as HIPAA, PCI, and SOX.

Strategic signal

Safend was acquired by SuperCom in March 2016, marking a significant consolidation in the cyber security market. This acquisition allowed SuperCom to integrate Safend's data loss prevention capabilities into its broader security offerings, enhancing its competitive position and providing Safend's technology with a larger platform for market reach and development.

Company Intelligence Q&A

When was Safend acquired by SuperCom?
Safend was acquired by SuperCom in March 2016.
What was a notable acquisition involving Safend prior to SuperCom?
In September 2011, Safend was acquired by Wave Systems Corporation for $12.8 million, as reported by Globes.
Which investors participated in Safend's February 2008 funding round?
In February 2008, Safend received funding from Walden Israel Venture Capital and Amiti Ventures.
Which investors participated in Safend's January 2006 funding round?
In January 2006, Safend raised $7.4 million from Intel Capital and Elron Ventures, as reported by Globes.
Which investors participated in Safend's March 2005 funding round?
In March 2005, Safend received funding from Intel Capital and Western Technology Investment.

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