Welcome!

SDN Journal Authors: Pat Romanski, Destiny Bertucci, Liz McMillan, Elizabeth White, Amitabh Sinha

Blog Feed Post

Cryptzone Acquires HiSoftware

Combined Company Offers Powerful Suite of Dynamic Access Management, Data Security and Compliance Solutions

Boston, MA / Gothenburg, Sweden - September 5, 2014 - Cryptzone, a global provider of data security and identity and access management (IAM) solutions, has acquired HiSoftware Inc., a leading provider of governance, compliance and security solutions. HiSoftware's product portfolio provides a highly complementary set of solutions that will enhance Cryptzone's already robust capabilities in securing critical data in the cloud, on mobile devices, and in customer data centers. The combined company will offer a complete suite of context-aware access control, data security and compliance solutions designed for today's dynamic, mobile, cloud-centric enterprise IT. Cryptzone will be headquartered in Boston, Massachusetts and have a European center of excellence in engineering located in Gothenburg, Sweden, its birthplace. Combined, the companies will have more than 700 customers including large global enterprises like JPMorgan Chase, Northrup Grumman, AIG, Procter & Gamble, State Street Trust, New York Presbyterian, ANZ Bank, and California State University, as well as some large U.S. government agencies such as the Departments of Commerce, Department of Homeland Security, Office of Secretary of Defense, and Department of Treasury/IRS.

Cryptzone will look to integrate HiSoftware's advanced suite of solutions, including its Compliance Sheriff Web, Security Sheriff and Site Sheriff products, into the company's existing product set. This will provide expanded and unique capabilities that will allow the company to deliver powerful security that protects enterprise information assets, corporate applications, and other network resources for customers around the globe. HiSoftware's compliance product allows enterprises and government agencies to validate compliance of internal and external website content against predefined and user-defined policies, including HIPAA, FISMA, WCAG, US Section 508, and GLBA. The company also specializes in delivering content security and site management solutions within Microsoft SharePoint, a business collaboration platform utilized by more than 80 percent of the Fortune 500, and other unstructured collaborative environments.

As part of the acquisition, HiSoftware's CEO, Kurt Mueffelmann, will be named CEO of the combined entity. Mueffelmann has over 20 years of experience in the software industry and has led HiSoftware to steady growth since 2006. Mueffelmann's leadership and expertise has earned two companies under his charge, including HiSoftware, a spot on the Deloitte Fast 500, a revenue-based awards program honoring the top growing technology companies.

"This is an exciting time for Cryptzone and HiSoftware, as well as our rapidly growing customer base," said Mueffelmann. "I look forward to shepherding the union of these two fast-paced companies to create an unrivaled product offering to dynamically mitigate data security risk and ensure compliance so customers can confidently and securely collaborate and focus on getting business done."

Cryptzone is a portfolio company of Medina Capital, a high-growth equity investment firm focused on the IT infrastructure sector.

"Organizations across the private and public sectors are constantly trying to stay ahead of the evolving security threats that present themselves in today's market while also improving the oversight of their governance practices in order to conform with stringent financial and operational compliance standards," said Barry Field, partner at Medina Capital. "Combining the sophisticated capabilities of Cryptzone's leading-edge identity and access management solutions with HiSoftware's advanced governance, risk management and compliance solutions will create a highly differentiated offering in a fast-growing market. Through this acquisition, we believe the 'new' Cryptzone will be uniquely positioned to deliver end-to-end solutions for organizations attempting to secure their most important data and applications."

About Cryptzone
Headquartered in Boston, Cryptzone provides access control and data security solutions for the way business works today, enabling enterprises to securely connect and collaborate in a world of cloud apps, mobile devices and ubiquitous mobility. Cryptzone designs solutions that are barely visible to users, yet afford powerful, context-aware security that protects enterprise information, applications and services. For more information, visit http://www.cryptzone.com/.

About HiSoftware
HiSoftware provides end-to-end information security and compliance solutions to help organizations address business process, regulatory and productivity concerns around the secure collaboration of data in content management systems and social environments. HiSoftware solutions add a layer of security at the content level to enforce data and web governance policies and improve collaboration, while minimizing risk on a wide range of digital environments including SharePoint, file shares, enterprise social systems, mobiles, intranets, extranets, public websites and the cloud. HiSoftware is a Microsoft Gold Application Development Partner with over 1,000 customers across a broad range of industries including Global 2000 companies, higher education, and US and international government agencies. For more information, visit http://www.hisoftware.com/.

About Medina Capital
Medina Capital is a high-growth equity investment firm focused on IT infrastructure companies in areas such as cloud computing, cybersecurity, big data, software-defined security and software-defined networking. The firm's philosophy emphasizes investing in high-growth companies with established products or services that will benefit from Medina Capital's strategic guidance. For more information about Medina Capital, please visit http://www.medinacapital.com/.

Media Contacts

Cryptzone:
Beverley Stonehouse
[email protected]
+44 (0) 7884 263302

HiSoftware:
Irena Mroz
[email protected]
+1 603 318 3112

Source: RealWire

Read the original blog entry...

More Stories By RealWire News Distribution

RealWire is a global news release distribution service specialising in the online media. The RealWire approach focuses on delivering relevant content to the receivers of our client's news releases. As we know that it is only through delivering relevance, that influence can ever be achieved.

@CloudExpo Stories
You know you need the cloud, but you’re hesitant to simply dump everything at Amazon since you know that not all workloads are suitable for cloud. You know that you want the kind of ease of use and scalability that you get with public cloud, but your applications are architected in a way that makes the public cloud a non-starter. You’re looking at private cloud solutions based on hyperconverged infrastructure, but you’re concerned with the limits inherent in those technologies.
Nordstrom is transforming the way that they do business and the cloud is the key to enabling speed and hyper personalized customer experiences. In his session at 21st Cloud Expo, Ken Schow, VP of Engineering at Nordstrom, discussed some of the key learnings and common pitfalls of large enterprises moving to the cloud. This includes strategies around choosing a cloud provider(s), architecture, and lessons learned. In addition, he covered some of the best practices for structured team migration an...
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, examined the regulations and provided insight on how it affects technology, challenges the established rules and will usher in new levels of diligence arou...
Most technology leaders, contemporary and from the hardware era, are reshaping their businesses to do software. They hope to capture value from emerging technologies such as IoT, SDN, and AI. Ultimately, irrespective of the vertical, it is about deriving value from independent software applications participating in an ecosystem as one comprehensive solution. In his session at @ThingsExpo, Kausik Sridhar, founder and CTO of Pulzze Systems, discussed how given the magnitude of today's application ...
The “Digital Era” is forcing us to engage with new methods to build, operate and maintain applications. This transformation also implies an evolution to more and more intelligent applications to better engage with the customers, while creating significant market differentiators. In both cases, the cloud has become a key enabler to embrace this digital revolution. So, moving to the cloud is no longer the question; the new questions are HOW and WHEN. To make this equation even more complex, most ...
As you move to the cloud, your network should be efficient, secure, and easy to manage. An enterprise adopting a hybrid or public cloud needs systems and tools that provide: Agility: ability to deliver applications and services faster, even in complex hybrid environments Easier manageability: enable reliable connectivity with complete oversight as the data center network evolves Greater efficiency: eliminate wasted effort while reducing errors and optimize asset utilization Security: imple...
Mobile device usage has increased exponentially during the past several years, as consumers rely on handhelds for everything from news and weather to banking and purchases. What can we expect in the next few years? The way in which we interact with our devices will fundamentally change, as businesses leverage Artificial Intelligence. We already see this taking shape as businesses leverage AI for cost savings and customer responsiveness. This trend will continue, as AI is used for more sophistica...
In his Opening Keynote at 21st Cloud Expo, John Considine, General Manager of IBM Cloud Infrastructure, led attendees through the exciting evolution of the cloud. He looked at this major disruption from the perspective of technology, business models, and what this means for enterprises of all sizes. John Considine is General Manager of Cloud Infrastructure Services at IBM. In that role he is responsible for leading IBM’s public cloud infrastructure including strategy, development, and offering m...
Digital transformation is about embracing digital technologies into a company's culture to better connect with its customers, automate processes, create better tools, enter new markets, etc. Such a transformation requires continuous orchestration across teams and an environment based on open collaboration and daily experiments. In his session at 21st Cloud Expo, Alex Casalboni, Technical (Cloud) Evangelist at Cloud Academy, explored and discussed the most urgent unsolved challenges to achieve f...
In his session at 21st Cloud Expo, Raju Shreewastava, founder of Big Data Trunk, provided a fun and simple way to introduce Machine Leaning to anyone and everyone. He solved a machine learning problem and demonstrated an easy way to be able to do machine learning without even coding. Raju Shreewastava is the founder of Big Data Trunk (www.BigDataTrunk.com), a Big Data Training and consulting firm with offices in the United States. He previously led the data warehouse/business intelligence and B...
The past few years have brought a sea change in the way applications are architected, developed, and consumed—increasing both the complexity of testing and the business impact of software failures. How can software testing professionals keep pace with modern application delivery, given the trends that impact both architectures (cloud, microservices, and APIs) and processes (DevOps, agile, and continuous delivery)? This is where continuous testing comes in. D
Blockchain is a shared, secure record of exchange that establishes trust, accountability and transparency across business networks. Supported by the Linux Foundation's open source, open-standards based Hyperledger Project, Blockchain has the potential to improve regulatory compliance, reduce cost as well as advance trade. Are you curious about how Blockchain is built for business? In her session at 21st Cloud Expo, René Bostic, Technical VP of the IBM Cloud Unit in North America, discussed the b...
SYS-CON Events announced today that Synametrics Technologies will exhibit at SYS-CON's 22nd International Cloud Expo®, which will take place on June 5-7, 2018, at the Javits Center in New York, NY. Synametrics Technologies is a privately held company based in Plainsboro, New Jersey that has been providing solutions for the developer community since 1997. Based on the success of its initial product offerings such as WinSQL, Xeams, SynaMan and Syncrify, Synametrics continues to create and hone in...
The 22nd International Cloud Expo | 1st DXWorld Expo has announced that its Call for Papers is open. Cloud Expo | DXWorld Expo, to be held June 5-7, 2018, at the Javits Center in New York, NY, brings together Cloud Computing, Digital Transformation, Big Data, Internet of Things, DevOps, Machine Learning and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding busin...
Companies are harnessing data in ways we once associated with science fiction. Analysts have access to a plethora of visualization and reporting tools, but considering the vast amount of data businesses collect and limitations of CPUs, end users are forced to design their structures and systems with limitations. Until now. As the cloud toolkit to analyze data has evolved, GPUs have stepped in to massively parallel SQL, visualization and machine learning.
Modern software design has fundamentally changed how we manage applications, causing many to turn to containers as the new virtual machine for resource management. As container adoption grows beyond stateless applications to stateful workloads, the need for persistent storage is foundational - something customers routinely cite as a top pain point. In his session at @DevOpsSummit at 21st Cloud Expo, Bill Borsari, Head of Systems Engineering at Datera, explored how organizations can reap the bene...
Kubernetes is an open source system for automating deployment, scaling, and management of containerized applications. Kubernetes was originally built by Google, leveraging years of experience with managing container workloads, and is now a Cloud Native Compute Foundation (CNCF) project. Kubernetes has been widely adopted by the community, supported on all major public and private cloud providers, and is gaining rapid adoption in enterprises. However, Kubernetes may seem intimidating and complex ...
In his session at 21st Cloud Expo, Michael Burley, a Senior Business Development Executive in IT Services at NetApp, described how NetApp designed a three-year program of work to migrate 25PB of a major telco's enterprise data to a new STaaS platform, and then secured a long-term contract to manage and operate the platform. This significant program blended the best of NetApp’s solutions and services capabilities to enable this telco’s successful adoption of private cloud storage and launching ...
In a recent survey, Sumo Logic surveyed 1,500 customers who employ cloud services such as Amazon Web Services (AWS), Microsoft Azure, and Google Cloud Platform (GCP). According to the survey, a quarter of the respondents have already deployed Docker containers and nearly as many (23 percent) are employing the AWS Lambda serverless computing framework. It’s clear: serverless is here to stay. The adoption does come with some needed changes, within both application development and operations. Tha...
In his general session at 21st Cloud Expo, Greg Dumas, Calligo’s Vice President and G.M. of US operations, discussed the new Global Data Protection Regulation and how Calligo can help business stay compliant in digitally globalized world. Greg Dumas is Calligo's Vice President and G.M. of US operations. Calligo is an established service provider that provides an innovative platform for trusted cloud solutions. Calligo’s customers are typically most concerned about GDPR compliance, application p...