Safend

Company Overview

Snapshot

Founded in March 2003 by Gil Sever, Safend operates with 11–50 employees. The company raised a total of $18.9M across 3 funding rounds from 5 investors. Safend was acquired by SuperCom in March 2016.

Business overview

Safend provides comprehensive and unified data loss prevention (DLP) solutions designed for security-conscious small businesses, large enterprises, and government agencies. Its Data Protection Suite safeguards against endpoint data loss, misuse, and theft through a single server, management console, and agent architecture. The modular components offer features such as internal hard drive encryption, granular control over ports and devices, sensitive content inspection, data mapping and classification, compliance reporting, and endpoint auditing. Safend serves clients in federal, state, and local governments, healthcare, and finance, helping them comply with regulations like HIPAA, PCI, and SOX.

Strategic signal

In March 2016, SuperCom acquired Safend, integrating its cyber security capabilities. This acquisition signaled a strategic move by SuperCom to enhance its security offerings and expand its market presence in data protection, validating Safend's technology and market relevance within the cybersecurity landscape.

Company Intelligence Q&A

When was Safend acquired by SuperCom?

Safend was acquired by SuperCom in March 2016.

What was the total capital raised by Safend?

Safend raised a total of $18.9M across 3 funding rounds.

Which investors participated in Safend's Series B funding round in January 2006?

In January 2006, Safend secured $7.4M in its Series B funding round from investors Intel Capital.

When did Safend raise its Series A funding round?

Safend raised its Series A funding round in March 2005, with participation from Intel Capital and Western Technology Investment.

What was a significant acquisition involving Safend prior to SuperCom?

In September 2011, Wave Systems acquired Safend, which was later acquired by SuperCom in March 2016.