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February 09, 2016 4:51 PM ET

Software

Company Overview of Vormetric, Inc.

Company Overview

Vormetric, Inc. provides data security solutions that protect data-at-rest in physical, virtual, big data, and cloud environments for businesses and governments in the United States and internationally. The company offers Vormetric Application Encryption, which simplifies enterprise application encryption; Vormetric Cloud Encryption Gateway that brings security and compliance to cloud storage; Vormetric Data Security Manager, which centralizes policy and key management and takes the control of data; and Vormetric Key Management that improves security, operational efficiency and compliance. It also provides Vormetric Protection for Teradata Database, which efficiently secure sensitive assets ...

2545 North 1st Street

San Jose, CA 95131

United States

Founded in 2001

Phone:

408-433-6000

Fax:

408-844-8638

Key Executives for Vormetric, Inc.

Chief Executive Officer, President and Director
Age: 54
Chief Financial Officer and Vice President of Finance
Chief Security Officer
Vice President of Human Resources
Age: 52
Director of Marketing Programs
Compensation as of Fiscal Year 2015.

Vormetric, Inc. Key Developments

Vormetric Unveils New Patented Solution to Streamline Encryption Deployment - Vormetric Live Data Transformation

Vormetric announced new, innovative security solutions for the Vormetric Data Security Platform, that further expand the supported data-at-rest security use cases and simplifies the operations of deploying encryption. A primary challenge for organizations implementing and managing encryption for data-at-rest is to transform clear-text to cypher-text, or to rekey existing encrypted data, without causing disruptive downtime. Vormetric Live Data Transformation alleviates this problem by seamlessly performing initial encryption or rekey operations without planned downtime for applications or services. Also announced are additional enhancements to the Vormetric Data Security Platform - Caringo support for the Vormetric Cloud Encryption Gateway and Vaultless Tokenization. Live Data Transformation drives security, compliance and business flexibility, protecting data without getting in the way of business or slowing it down: Transparent encryption deployment: Organizations can seamlessly migrate data from clear-text to encrypted state while the data is in use, without any disruption to users, applications or business workflows; Online Key-rotation: Meet compliance and best practices requirements that mandate periodic changes to data encryption keys. With Vormetric Live Data Transformation, applications remain online during the data encryption rekey process; Intelligent CPU management: To ensure that the data transformation process does not impact production applications, encryption and rekey operations are scheduled to use less CPU resources during hours when the data is heavily used and more CPU resources during low data processing hours. Vormetric Tokenization provides easy to use format-preserving tokenization that can protect sensitive fields in databases as well as big data environments, and that can also limit who can see sensitive data sets. Vormetric's Cloud Encryption Gateway provides encryption, key management and access controls for data in cloud storage environments, helping enterprises secure sensitive data residing in Amazon Web Services (AWS) Simple Storage Service (S3), Box and now also in Caringo environments with encryption, key management and access controls. Live Data Transformation is available for demonstration. Vaultless Tokenization is available in second quarter of 2016, and Caringo for Vormetric Cloud Encryption Gateway in first quarter of 2016.

Vormetric Announces Major Expansion of the Vormetric Data Security Platform

Vormetric announced a major expansion of the Vormetric Data Security Platform, with new capabilities that expand protections for sensitive data within datacenter, cloud, big data and application environments. Encryption and access control capabilities for Docker, Hadoop, NoSQL and SQL as well as enhanced automation capabilities enable advanced protection against data breaches, while also helping organizations to meet today's strict compliance and regulatory requirements. Enterprises are rapidly evolving their IT solution sets. The addition of new platforms and applications—deployed from both internal and outsourced infrastructures—is creating opportunities to drive new levels of scale, efficiency, and productivity. But these new environments come with additional security challenges as cyber threats also continue to grow and evolve. With this major expansion of the Vormetric Data Security Platform, organizations gain advanced data security for traditional data center applications and databases, for newer Docker and Hadoop environments as well as additional capabilities to scale and automate data security implementations. Better integration and faster deployment: RESTful APIs. Accelerate deployment and simplify management of Vormetric solutions with better integration to orchestration and provisioning tools using RESTful APIs. Up to 250% faster performance with NoSQL. Optimized performance for encryption with Vormetric Transparent Encryption (VTE) when working in NoSQL environments. Agent shared secret registration. Enhances business flexibility by enabling better auto-scaling for servers using VTE in dynamic physical, virtual and cloud environments. Advanced encryption capabilities: Advanced data-at-rest security for Docker. VTE now protects data at rest in Docker containers. The solution's encryption, access controls and security intelligence logs can now be used to safeguard and control container images and backups, ensuring that they only run in authorized environments. Format preserving encryption. Easier deployment of database field-level encryption by ensuring that the encrypted data size matches the existing database field size, avoiding database schema changes. Extension of data security access controls for Hadoop. VTE now enables a higher level of security and policy-based isolation within Hadoop environments, delivering granular per-user or per-group access policies to encrypted files or folders within the Hadoop Distributed File System (HDFS) namespace. All new capabilities will be available in the first quarter of 2016.

Thales SA, Vormetric, Inc. - M&A Call

To discuss acquisition of Vormetric by Thales

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