Virtru

Virtru

Cybersecurity solutions for data protection and privacy

About

Virtru offers data protection and privacy solutions that ensure secure sharing, storage, and analysis of data. Its main feature is the Trusted Data Format (TDF), which allows users to maintain control over their data, keeping it protected and accessible only to authorized users. Serving over 20,000 organizations in sectors like healthcare and finance, Virtru differentiates itself by providing developer tools that integrate data protection into existing systems. The company's goal is to help organizations safeguard sensitive information while ensuring compliance with privacy regulations.

Company Stage

Series C

Employees

51-200

Industries

Cybersecurity

Total Funding

$131.8M

Headquarters

N/A

Founded

2012


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Simplify's Take

What believers are saying

  • Winning two Google Cloud Partner of the Year Awards in 2024 highlights Virtru's industry recognition and strong market position.
  • The appointment of experienced leaders like Janelle Teng and Tiffanny Gates to the Board of Directors signals robust strategic direction and governance.
  • Virtru's new headquarters and technology hub in Washington, D.C. reflect its commitment to innovation and growth, providing a dynamic environment for employees.

What critics are saying

  • The competitive cybersecurity market requires continuous innovation to maintain a leading position, posing a challenge for Virtru.
  • Dependence on major partners like Google Cloud could be a double-edged sword, as changes in these partnerships might impact Virtru's business.

What makes Virtru unique

  • Virtru's Trusted Data Format (TDF) offers persistent control over data, ensuring it remains protected regardless of where it is stored or shared, setting it apart from traditional cybersecurity solutions.
  • The company's strong partnerships with major platforms like Google Cloud enhance its credibility and integration capabilities, making it a preferred choice for organizations using Google Workspace.
  • Virtru's focus on compliance and regulatory requirements across various sectors, including healthcare, finance, and government, provides a specialized edge in the cybersecurity market.

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Growth & Insights
Headcount

6 month growth

4%

1 year growth

0%

2 year growth

-1%

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