Fortanix Raises $23M Led by Intel Capital to Meet Growing Global Demand for Runtime Encryption Solutions Protecting Cloud Data.
Fortanix® Inc., the Runtime Encryption® technology company, today announced that it has closed a $23 million Series B round of funding led by Intel Capital. Round participants included existing investors Foundation Capital and Neotribe. In addition, Sunil Kurkure, Director, Intel Capital, will join the Fortanix Board of Directors. The funding brings the company’s total funding to $31 million.