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Follow on Google News | Porticor Secures Additional $2 Million in FinancingCloud Security Leader, Porticor, Closes Round of Venture Financing Led by Lazarus Israel Opportunities Fund and Glilot Capital Partners.
"Porticor occupies a vital place at the intersection of several important trends: big data, infrastructure and platforms as a service, cloud-based hosting, data security, and compliance," “In addition to being top of the line in security and compliance,” added Kobi Samboursky, Glilot Capital Partners’ "Cloud security is a top concern for companies migrating to the cloud," said Gilad Parann-Nissany, Porticor founder and CEO. "With this round, we plan to continue to drive innovation in cloud security and provide cutting edge solutions to compliance-oriented industries, such as insurance, health, legal and utilities.” Porticor is unique in its class in that it offers the only 100% cloud data security solution with security as strong as traditional physical boxes, due to its unique Homomorphic Key Management. Now, with the additional financing, it will further enhance its product and solidify its position as the go-to provider of compliant data security solutions, specifically in the sectors of healthcare, finance, legal and utilities. About Porticor Porticor is the leading cloud security company delivering easy-to-use and scalable security solutions for cloud encryption and key management. The Porticor Virtual Private Data™ (VPD) system is the industry’ About Lazarus Israel Opportunities Fund Lazarus Israel Opportunities Fund LLLP is a US-based investment fund focused on Israeli companies. It has a dual mandate to invest in privately held growth companies and publicly listed shares. The fund is overseen by Lazarus Management Company LLC, which was founded in 2003. About Glilot Capital Partners Glilot Capital Partners is an Israeli-based venture fund that offers seed and early stage investments. Glilot focuses on accelerating the success of promising Israeli startups in the areas of software, cyber and IT security, Internet, and mobile applications. For more information: End
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