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-powered data protection and access permissions platform that automates policy management, removes risk, and provides secure access to data. This platform enables the sharing and consumption of information while preventing unauthorized disclosure of sensitive business information.
- When was Velotix founded and by whom?
- Velotix was founded in September 2020 by Adi Hod and Uriel Ekstein.
- What significant funding did Velotix receive in May 2024?
- In May 2024, Velotix secured a strategic investment from Barclays Bank and Capri Ventures, which was announced as cementing its position as a premier data security platform.
- What was a key product availability milestone for Velotix in 2023?
- In November 2023, Velotix's AI-Powered Data Security Platform became available on Microsoft Azure, expanding its reach and accessibility for enterprise clients.
- What recognition did Velotix receive in January 2024?
- In January 2024, Velotix secured a partnership with a Tier One International Bank and was recognized as a Representative Vendor in the 2024 Gartner Market Guide for Data Security Platforms Report.