Valtix

Overview
News

Valtix offers a multi-cloud network security platform designed to protect workloads across major public cloud environments including Amazon Web Services, Microsoft Azure, Google Cloud Platform, and Oracle Cloud Infrastructure. The company's platform provides cloud-based firewall, web application firewall (WAF), intrusion detection and prevention systems (IDS/IPS), egress filtering, and data loss prevention (DLP) capabilities. Valtix's technology aims to simplify network security by enabling organizations to apply common policies and enforcement across different cloud environments through a cloud-native, centrally managed policy controller.

The platform's key features include continuous discovery to achieve 100% security coverage, adapting to new apps and changes within 30 seconds, and a five-minute deployment process. Valtix claims its solution increases productivity tenfold by eliminating constant upkeep and challenging upgrades. The company's Dynamic Multi-Cloud Policy links continuous visibility with advanced security controls, allowing for more effective and adaptable security aligned with cloud agility requirements. Valtix's offerings include Essential and Advanced tiers, with the Advanced tier providing additional capabilities such as traffic decryption to prevent exploits and detect anomalies.

In February 2023, Cisco Systems announced its intention to acquire Valtix to enhance its Security Cloud portfolio. The acquisition was completed by March 2023, with the Valtix team joining Cisco's Security Business Group. This move was seen as part of Cisco's strategy to expand its multicloud security capabilities and provide a seamless experience in securing workloads across multi-cloud environments.

Key customers and partnerships

Valtix serves customers across various sectors, including financial services, healthcare, retail, and government. Notable clients include Paybyphone Technologies Inc., BBPOS Ltd., and the Federal Home Loan Bank of San Francisco. The company's platform has been adopted by organizations of various sizes, with four of the top ten pharmaceutical companies reportedly using Valtix's services as of November 2022.

Cisco Investments had been a strategic investor in Valtix since 2020, prior to the acquisition. This early partnership likely influenced Cisco's decision to fully acquire the company and integrate its offerings into the broader Cisco Security Cloud vision.


Sources

Disclaimer: This company profile has been generated using data obtained through automated web searches and advanced generative AI technology. While we strive to ensure the accuracy and reliability of our sources, auto-generated information could be outdated or inaccurate and should be verified independently.
HQ location:
Santa Clara, CA
Founded year:
2018
Employees:
11-50
IPO status:
Private
Total funding:
USD 26.5 mn
Last Funding:
USD 12.5 mn (Series A; Jan 2021)
Last valuation:
-
Funding data are powered by Crunchbase
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