PBG client HighCloud Security acquired by HyTrust

PALO ALTO, Calif. - Nov. 7, 2013 - PRLog -- PALO ALTO, CALIFORNIA NOVEMBER 7, 2013 – The Perreault Birmingham Group LLC (PBG), an investment banking and consulting firm, announced today that its client, HighCloud Security, based in Mountain View, California, has been acquired by HyTrust, also of Mountain View.  HighCloud is a market leader in sophisticated cloud security technology that provides enterprises with robust, easy to manage encryption and key management solutions.  “HighCloud’s technology is a perfect complement to HyTrust’s product offerings and enables HighCloud to take advantage of HyTrust’s global reach in sales and marketing” said Hobart Birmingham, Managing Director of The Perreault Birmingham Group.  “The combined businesses will offer enterprise customers an unparalleled level of much needed security in both private and public cloud environments. It is rewarding to see a client that we’ve worked with for several years have their technology and business model validated through acquisition by a recognized industry leader like HyTrust.”

For more information on the acquisition see the full HyTrust press release at: http://www.businesswire.com/news/home/20131107005522/en/HyTrust-Acquires-HighCloud-Security

About HighCloud Security

Founded by Silicon Valley veterans, Bill Hackenberger and Steve Pate, HighCloud Security offers encryption and key management software designed specifically to address the unique security challenges of virtualized server infrastructures. Virtual machines are mobile, dynamic and contain specific files that can contain sensitive data even when the VMs are dormant. HighCloud addresses these specific vulnerabilities with strong encryption that travels with each VM, encrypts even snapshot and suspended files, and allows organizations to secure data in private, public and hybrid clouds.

About HyTrust

Headquartered in Mountain View, CA, HyTrust® is the Cloud Security Automation (CSA) company. HyTrust delivers the essential real-time control, security, administrative account monitoring, logging and compliance assurance necessary to enable the benefits of cloud adoption and virtualization of critical workloads. The Company is backed by top tier investors VMware, Cisco Systems, Intel Corporation, In-Q-Tel, Fortinet, Granite Ventures, Trident Capital, and Epic Ventures; its partners include VMware, VCE, Symantec, CA, McAfee, Splunk; HP Arcsight, Accuvant, RSA and Intel Corporation.

About The Perreault Birmingham Group LLC

The Perreault Birmingham Group LLC (PBG) provides strategic advisory and investment banking services to entrepreneurs and firms in technology-focused businesses.  PBG assists smaller, domestic and international firms secure funding, build valuable businesses, and then target merger and acquisition partners to provide liquidity to founders and investors.  PBG also assists larger companies in the process of acquiring small firms, recapitalizations, and divesting non-core businesses. Using the extensive operating experience of the principals, PBG offers a comprehensive set of pre- and post- transaction services that can significantly increase the value of a transaction and help ensure a successful transition and integration process.   PBG is headquartered in Palo Alto, California and has a branch office in Santa Barbara, California.

PBG offers investment banking services and securities through its registered representative(s) with GBS Financial Corp., member FINRA, SIPC. More information on The Perreault Birmingham Group LLC can be found at:http://www.thepbgrp.com .