Velotix

Company Overview

Snapshot

Founded in September 2020 by Adi Hod and Uriel Ekstein, Velotix operates with 11–50 employees. The company has raised a total of $10M across three funding rounds from five investors. In May 2024, Velotix secured a strategic investment from Barclays Bank and Capri Ventures, further solidifying its position in the data security market.

Business overview

Velotix provides an AI-driven data protection and access permissions platform designed to mitigate risk, automate policy management at scale, and facilitate secure data access. Its core technology enables the sharing and consumption of information while preventing unauthorized disclosure of sensitive business data, adhering to internal and external regulations. The company's automated data security platform (DSP) leverages AI to enforce appropriate policies and grant access to authorized personnel promptly and securely, serving industries that require robust data governance across North America, Europe, and Singapore.

Strategic signal

In May 2024, Velotix secured a strategic investment from Barclays Bank and Capri Ventures, a significant validation of its AI-powered data security platform. This investment signals strong market confidence in Velotix's technology and its potential to address critical data protection challenges for enterprises, indicating a positive trajectory for growth and market penetration.

Company Intelligence Q&A

What is Velotix's primary offering?

Velotix offers an AI-driven data protection and access permissions platform that automates policy management and ensures secure data access, preventing unauthorized disclosure of sensitive information.

When was Velotix founded and by whom?

Velotix was founded in September 2020 by Co-founder & CEO Adi Hod and Co-founder & CBDO Uriel Ekstein.

Has Velotix secured any recent strategic investments?

Yes, in May 2024, Velotix secured a strategic investment from Barclays Bank and Capri Ventures, which was announced as cementing its position as a premier data security platform.

When did Velotix launch from stealth?

Velotix announced its launch from stealth in October 2022, coinciding with a $10M seed funding round.

Is Velotix's platform available on any major cloud marketplaces?

Yes, in November 2023, the Velotix AI-Powered Data Security Platform became available on Microsoft Azure.