What is CipherPoint Software?
CipherPoint Software is a prominent provider of software solutions designed for the continuous identification, classification, and secure management of unstructured data across both enterprise environments and the cloud. The company consolidates control into a single platform, enabling organizations to securely manage their data, achieve compliance, mitigate risks, reduce costs, and enhance productivity. CipherPoint empowers businesses to discover, protect, and control sensitive information residing in multiple platforms and repositories, offering industry-leading security for Microsoft SharePoint & Office 365, alongside secure enterprise file sharing and collaboration capabilities. Its client base spans critical sectors including public sector and defense, aerospace, technology, automotive, manufacturing, finance, media, and sports industries.
How much funding has CipherPoint Software raised?
CipherPoint Software has raised a total of $1.2M across 1 funding round:
Private Equity
$1.2M
Private Equity (2013): $1.2M, investors not publicly disclosed
What's next for CipherPoint Software?
The recent major strategic investment indicates CipherPoint Software is likely in a scaling or expansion phase, leveraging this capital to further develop its product offerings and broaden its market reach. This infusion of funding is expected to accelerate its mission to provide robust data security and compliance solutions, particularly for organizations grappling with complex unstructured data management challenges in hybrid cloud environments. The company's focus on critical industries suggests a strategic approach to market penetration and a commitment to addressing sector-specific data governance needs.
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