Company Overview
Snapshot
Founded in September 2020 by Adi Hod and Uriel Ekstein, Velotix operates with 11–50 employees. The company has raised $10M across three funding rounds from five investors. In May 2024, Velotix secured a strategic investment from Barclays Bank and Capri Ventures, reinforcing its position as a data security platform.
Business overview
Velotix provides an AI-driven data protection and access permissions platform designed to mitigate risk, automate policy management, and facilitate secure data access. Its core technology enables the sharing and consumption of information while preventing unauthorized disclosure of sensitive business data, adhering to both internal and external regulations. The company's automated Data Security Platform (DSP) leverages AI to enforce appropriate policies and grant secure access to authorized individuals, serving markets across Europe, Singapore, and North America within the Cyber Security sector.
Strategic signal
Velotix's strategic investment from Barclays Bank and Capri Ventures in May 2024 signals strong market validation and potential for accelerated growth within the data security landscape. This investment, coupled with its recent availability on Microsoft Azure and recognition by Gartner, indicates increasing enterprise adoption and strategic partnerships that could expand its reach in key global markets.
Log in to access full profile ›Company Intelligence Q&A
- What is Velotix's primary offering?
- Velotix offers an AI-driven data protection and access permissions platform that automates policy management and ensures secure access to data, preventing unauthorized disclosure of sensitive information.
- When was Velotix founded and by whom?
- Velotix was founded in September 2020 by co-founders Adi Hod and Uriel Ekstein.
- What significant investment did Velotix receive recently?
- In May 2024, Velotix secured a strategic investment from Barclays Bank and Capri Ventures, further solidifying its standing as a premier data security platform.
- What is Velotix's total disclosed funding?
- Velotix has raised a total of $10M in disclosed funding across three rounds. The company announced a $10M seed round in October 2022, with Capri Ventures and Regah Ventures participating.
- Has Velotix expanded its platform availability?
- In November 2023, Velotix's AI-Powered Data Security Platform became available on Microsoft Azure, expanding its reach and integration capabilities.