Security in the Digital Space

IDA Ireland - Smart CEO Global Cybersecurity Report 2018

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With the belief that privacy is a basic human right, Virtu was founded in 2011 by John Ackerly, former Policy and Strategic Planning Director at the US Department of Commerce and Will Ackerly, a security architecture expert with NSA, as an email encryption and digital privacy security platform

Founded in 2012, Washington-based Virtru operates in the email encryption and digital privacy space. Its founders John Ackerly and Will Ackerly developed significant expertise in this space prior to turning entrepreneurs; while John was earlier the Policy and Strategic Planning Director at the US Department of Commerce, Will spent eight years at the National Security Agency (NSA), working in the cloud analytics and security architecture space.

The company currently offers seven solutions, including email and file encryption, data loss prevention, mobile encryption, drive encryption, persistent data protection, HIPAA Compliance (identify and secure protected health information before it leaves the sender’s device), and administrative controls (monitoring and controlling access to user data, performing e-discovery and designing encryption rules for specific user groups).

With its solutions available for the Google and Microsoft platforms, Virtru has penetrated across key sectors such as healthcare, media & entertainment, Government, finance and manufacturing, to name a few.

Since founding, the company has raised a total of US $76.8 million in funding from notable investors such as Iconiq Capital, Thyra Global Managament, Samsung NEXT, Bessemer Venture Partners, New Enterprise Associates, Soros Fund Management, Haystack Partners, Quadrant Capital Advisors and Blue Delta Capital, to name a few. In fact, along with its recent fund raise (in May 2018), Virtu announced Virtu Labs, which will act as an innovation engine for the company.


Snapshot 

Category: Network Security   

Founded: 2011 

Founders: John Ackerly and Will Ackerly 

Investors: Iconiq Capital, Thyra Global Managament, Samsung NEXT, Bessemer Venture Partners, New Enterprise Associates, Soros Fund Management, Haystack Partners, Quadrant Capital Advisors and Blue Delta Capital & more. 

Headquarters: Washington, United States

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