News Feed Item

ExxonMobil and BNP Paribas, Several Fortune 1000 Companies Sign With Vaultize to Address Growing Cyber Security Concerns

SAN FRANCISCO, January 13, 2017 /PRNewswire/ --

Data-centric Approach Drives Revenue Growth, New Offices  

Vaultize, a data security, rights management and file tracking company, announced today that ExxonMobil and BNP Paribas along with several other Fortune 1000 companies have signed on as new customers. The company has grown its US and European revenue streams by over 700 percent in FY16 after opening a new global headquarters in San Francisco and a regional headquarters in New York.

The growth in revenue is largely due to key new accounts won by an expanding sales team. New US and European customers include BNP Paribas, ExxonMobil, Omnicom, Schellenberg Wittmer, Credit Agricole and Wipro. Vaultize has also won numerous new accounts in India, including Intas Pharmaceuticals, Qatar First Bank, and Yes Bank.

Vaultize has captured a growing share of the DRM, enterprise file sync and share, data encryption and file tracking industry due to its singular approach to data security and to the ever-increasing need for reliable, user-friendly security solutions. The company has pioneered a data-centric approach to security. Its platform is unique in that it protects clients against external threats and mitigates the risk of internal mistakes or sabotage causing lasting damage to an organization. Most data security solutions on the market merely protect against malicious outside parties. A notable lack of easily-deployable solutions in Western markets has also driven several customers to Vaultize.

"We selected Vaultize out of several options for their software features and ease of use and implementation at client side without installing any software," said Prashant Modi, Senior Manager of IT at Intas Pharmaceuticals. "Since working with Vaultize, we've seen quicker resolution to business security discussions and no data leakage."

 Vaultize founders Anand Kekre and Ankur Panchbudhe began making headway in the US and European markets by bringing CEO James Mongillo on board in early 2016 and growing its US sales team. That team was responsible for securing early client wins including ExxonMobil, BNP Paribas, and Wipro.

"The market opportunity for Vaultize is immense and growing," said Vaultize CEO Jim Mongillo. "Data breaches are increasing and protecting your company's sensitive files at all times is absolutely critical. This is especially true for finance, legal, insurance, healthcare, and manufacturing companies. Hoping for the best is simply not an option. Vaultize protects your most important assets at the data level, and that's why we have experienced so much growth in 2016."

In addition to growing its western customer base over the past year, Vaultize has continued to improve its data security, rights management, and file tracking platform with numerous new features. A few recently deployed and upcoming features include encryption for at-rest data, better tools for tailoring each customer's experience to their unique industry compliance requirements, additional rights management parameters and better encryption enveloping, which will allow customers to protect a wider range of documents and files.

About Vaultize Technologies: Vaultize provides a comprehensive enterprise file security platform that enables continuous data protection, digital rights management, and unprecedented access control for zero data loss enterprise file sharing and VPN-free secure access. 

The leaders of Vaultize founded the company in 2010 as a solution to mitigate security, data loss and compliance risks that arise from the use of consumer file sharing (like Dropbox), increasing data mobility, consumerization of IT and the growing trend toward bring-your-own-device (BYOD). 

The Vaultize platform is engineered for 100 percent secure freedom for an organization's data through enterprise file sync and share (EFSS), mobile collaboration, VPN-free secure anywhere access with built-in digital rights management (DRM), mobile content management (MCM), data loss prevention (DLP) and end-to-end encryption capabilities.

Vaultize has a presence in more than 50 countries, with offices in the US, India, Singapore, and the Middle East.

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
"We're here to tell the world about our cloud-scale infrastructure that we have at Juniper combined with the world-class security that we put into the cloud," explained Lisa Guess, VP of Systems Engineering at Juniper Networks, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
"I will be talking about ChatOps and ChatOps as a way to solve some problems in the DevOps space," explained Himanshu Chhetri, CTO of Addteq, in this SYS-CON.tv interview at @DevOpsSummit at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
With tough new regulations coming to Europe on data privacy in May 2018, Calligo will explain why in reality the effect is global and transforms how you consider critical data. EU GDPR fundamentally rewrites the rules for cloud, Big Data and IoT. In his session at 21st Cloud Expo, Adam Ryan, Vice President and General Manager EMEA at Calligo, will examine the regulations and provide insight on how it affects technology, challenges the established rules and will usher in new levels of diligence...
SYS-CON Events announced today that SkyScale will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. SkyScale is a world-class provider of cloud-based, ultra-fast multi-GPU hardware platforms for lease to customers desiring the fastest performance available as a service anywhere in the world. SkyScale builds, configures, and manages dedicated systems strategically located in maximum-securit...
Your homes and cars can be automated and self-serviced. Why can't your storage? From simply asking questions to analyze and troubleshoot your infrastructure, to provisioning storage with snapshots, recovery and replication, your wildest sci-fi dream has come true. In his session at @DevOpsSummit at 20th Cloud Expo, Dan Florea, Director of Product Management at Tintri, provided a ChatOps demo where you can talk to your storage and manage it from anywhere, through Slack and similar services with...
"We are an IT services solution provider and we sell software to support those solutions. Our focus and key areas are around security, enterprise monitoring, and continuous delivery optimization," noted John Balsavage, President of A&I Solutions, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
The financial services market is one of the most data-driven industries in the world, yet it’s bogged down by legacy CPU technologies that simply can’t keep up with the task of querying and visualizing billions of records. In his session at 20th Cloud Expo, Karthik Lalithraj, a Principal Solutions Architect at Kinetica, discussed how the advent of advanced in-database analytics on the GPU makes it possible to run sophisticated data science workloads on the same database that is housing the rich...
SYS-CON Events announced today that Calligo has been named “Bronze Sponsor” of SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Calligo is an innovative cloud service provider offering mid-sized companies the highest levels of data privacy. Calligo offers unparalleled application performance guarantees, commercial flexibility and a personalized support service from its globally located cloud platfor...
"We want to show that our solution is far less expensive with a much better total cost of ownership so we announced several key features. One is called geo-distributed erasure coding, another is support for KVM and we introduced a new capability called Multi-Part," explained Tim Desai, Senior Product Marketing Manager at Hitachi Data Systems, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
DevOps at Cloud Expo, taking place October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 21st Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to w...
There is a huge demand for responsive, real-time mobile and web experiences, but current architectural patterns do not easily accommodate applications that respond to events in real time. Common solutions using message queues or HTTP long-polling quickly lead to resiliency, scalability and development velocity challenges. In his session at 21st Cloud Expo, Ryland Degnan, a Senior Software Engineer on the Netflix Edge Platform team, will discuss how by leveraging a reactive stream-based protocol,...
"DX encompasses the continuing technology revolution, and is addressing society's most important issues throughout the entire $78 trillion 21st-century global economy," said Roger Strukhoff, Conference Chair. "DX World Expo has organized these issues along 10 tracks with more than 150 of the world's top speakers coming to Istanbul to help change the world."
"At the keynote this morning we spoke about the value proposition of Nutanix, of having a DevOps culture and a mindset, and the business outcomes of achieving agility and scale, which everybody here is trying to accomplish," noted Mark Lavi, DevOps Solution Architect at Nutanix, in this SYS-CON.tv interview at @DevOpsSummit at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
DX World EXPO, LLC., a Lighthouse Point, Florida-based startup trade show producer and the creator of "DXWorldEXPO® - Digital Transformation Conference & Expo" has announced its executive management team. The team is headed by Levent Selamoglu, who has been named CEO. "Now is the time for a truly global DX event, to bring together the leading minds from the technology world in a conversation about Digital Transformation," he said in making the announcement.
SYS-CON Events announced today that Massive Networks will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Massive Networks mission is simple. To help your business operate seamlessly with fast, reliable, and secure internet and network solutions. Improve your customer's experience with outstanding connections to your cloud.