A security startup has added $45 million in funding to its wallet develop a novel way to secure multiple cloud environments by encapsulating data within cells to keep it safe.
Based in Mountain View, Calif., Bracket Computing recently closed a series C investment round from new investors Fidelity Management and Research Company and Goldman Sachs, which joined a long list of esteemed companies—Allegis Capital, Andreessen Horowitz, ARTIS Ventures, Columbus Nova Technology Partners, Norwest Venture Partners, Sutter Hill Ventures, GE and Qualcomm—in backing the company. In total, the company has earned more than $130 million from investment, it said in a press release.
Bracket plans to use the investment to continue development of its technology, the Bracket Computing Cell, as well as pay for a global rollout of its solution, according to the company.
The Bracket Computing Cell allows enterprise applications and data—and the security, networking and data management infrastructure that is associated with them—to reside in a single software construct, or cell, the company said. This cell can then run across multiple public cloud providers as well as in a company’s on-premise data center, providing a single, virtual infrastructure with consistent controls to secure data and apps and restrict exposure outside of the enterprise.
"Imagine if you could encapsulate your most sensitive applications, data and services and have them run securely across leading hyperscale public clouds and your private cloud, all the while ensuring consistent security controls and data management capabilities," said Jason Lango, CTO and co-founder of Bracket, in the release. "This is what a Bracket Computing Cell allows."
Bracket deploys encryption technology within the Computing Cell to create a secure fabric that can allow an enterprise customer to trust the security of even hyperscale clouds it doesn’t necessarily control, the company said. This approach allows encryption to act as a new perimeter of the network, with controls that can span multiple public clouds while still maintaining the highest levels of enterprise security, according to Bracket.
Bracket already is working with some financial services firms and other enterprise customers on the development of the Computing Cell, which CEO and co-founder Tom Gillis said “is fundamentally redefining enterprise computing.”
"Our vision is to provide a secure, advanced, virtual infrastructure that spans multiple clouds, both private and public, with one consistent set of capabilities,” he said in the press release. “Having investors of this quality bolsters our efforts to build this ambitious technology."