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August 29, 2015 3:18 PM ET

Software

Company Overview of Centri Technology, Inc.

Company Overview

Centri Technology, Inc. develops wireless service technology solutions. It offers Connected Experience Platform (CXP), a mobile network management and optimization solution that enables operators to optimize and secure their data network, apply parental and corporate policies, and monetize new premium services for their subscribers. The company’s CXP platform includes BitSmart CX, which is used to encrypt and cache data to reduce overall data traffic and improve network efficiency; CX Manager, a Web-based portal that enables mobile operators or their subscribers to apply real-time policies to their network; Insights CX, which provides operators with reporting into content types, data rates, ...

1809, 7th Avenue

Suite 700

Seattle, WA 98101

United States

Founded in 2008

Phone:

206-395-2793

Fax:

206-629-9540

Key Executives for Centri Technology, Inc.

Founder, Chief Executive Officer and Director
Co-Founder and Chief Software Architect
CFO Consultant
Director of Marketing
Vice President of Engineering
Compensation as of Fiscal Year 2015.

Centri Technology, Inc. Key Developments

CENTRI Launches BitSmart Enterprise for Enhanced End-to-End Data Protection

CENTRI announced BitSmart Enterprise, a software-only solution that protects data throughout its entire lifecycle – in use, in transit and in storage. BitSmart Enterprise v1.0 uses an ultra-fast and secure proprietary algorithm to provide next generation encryption technology to each byte of data. A typical business customer can install the solution in as little as 15 minutes to begin completely protecting their data and mitigating the impact of data breaches. BitSmart Enterprise can be easily installed on mobile applications, networks or the cloud. Enterprises do not need to expand their IT infrastructure or purchase any additional equipment. The solution offers a revolutionary and unique symmetric key management system that uses its own algorithms for key exchange, authentication, hashing and encryption to optimize the process and remove the need for third party key vault management. BitSmart Enterprise includes several new enhancements without negatively impacting the user experience for companies or their employees, vendors and partners. BitSmart Enterprise can be used to secure confidential corporate information or customer data across many different industries. Banks and credit unions can protect customer assets with data from mobile banking applications to stored credit information on databases all while meeting Federal Information Processing Standards (FIPS) requirements. Health care organizations can enhance protection of patient data, as BitSmart encrypts the patient data from the moment it enters the system and protects it no matter where it resides - in public, private, and hybrid clouds and on various mobile devices. This is ideal as health care providers have many touch points and need to meet strict Health Insurance Portability and Accountability Act (HIPAA) requirements. Energy firms also have more access points, which increases exposure to potential cyber security breaches. BitSmart can secure power assets and customer data from terrorists and agents of espionage, while maintaining compliance with security regulations such as the Energy Independence and Security Act (EISA). BitSmart can also provide comprehensive data protection for the transportation industry with connected vehicles and operational controls, which are becoming attractive targets for hackers.

Centri Announces BitSmart, a Solution Optimized for Financial Services

Centri announced BitSmart™, a solution optimized for financial services that enables institutions to mitigate threats and protect their customers, brand and bottom line. Distributed denial of service (DDoS) attacks and theft of customer data are two of the biggest and security threats for banks and other financial institutions, which attribute to more than $1 billion in losses worldwide, according to Kaspersky Lab. CENTRI’s BitSmart encrypts data at rest and in transit, enabling financial institutions to protect information anywhere and everywhere, over public Wi-Fi and in the cloud. As a result, financial institutions can avoid the $201.18 that each lost or stolen customer record costs. The BitSmart technology is a software-only solution that’s designed for fast, easy, organization-wide deployment that enables a broad defense. For example, the lightweight code means it can be deployed across all employee and customer devices. DDoS attacks prevent customers from using their financial institution’s website and mobile app for hours or days, and some hackers now use them as a distraction to steal electronic funds. According to an Incapsula survey, these attacks cost organizations $40,000 per hour. However, traditional security solutions use brute-force methods that are expensive and largely ineffective against DDoS. BitSmart mitigates the Secure Sockets Layer (SSL) flaw that DDoS attacks typically exploit, and it does so in an industry-first way that is nearly impossible for hackers to overwhelm or undermine. BitSmart also optimizes app traffic, giving financial institutions more bandwidth headroom. During normal times, the optimization enables a faster website and app experience for their customers.

CENTRI Technology Launches BitCloud for Enterprises, Delivering Increased Efficiency and Transport Security for Cloud Applications

CENTRI Technology announced the availability of its BitCloud product for enterprises. Recognized as a thought leader, CENTRI has introduced the first software-only product that dynamically and simultaneously optimizes data and security at wire-speed. BitCloud provides enterprises of all sizes that use cloud services with unmatched network data optimization and acceleration technologies, which slashes bandwidth and data transfer costs, while minimizing latency. The technology also solidifies application security in the cloud through an embedded encryption engine. BitCloud solves each of these problems by providing enterprises with better performing, lower cost, and more secure connections to their applications and data through the cloud. Case-studies and benchmarks have shown that BitCloud effectively reduces network data traffic by as much as 70% without adding latency common in alternative solutions.

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