Velotix Overview
Velotix introduces an AI-driven data protection and access permissions platform that removes risk, automates policy management at scale, and provides access to data. The company's data access platform enables the sharing, consumption, and use of information while preventing the disclosure of sensitive private business information to those not authorized to access it, according to internal and external regulations. Its automated data security platform, DSP, uses AI to enforce the right policies and grant access to the right people in a prompt and secure way.
Cumulative Funding Raised Over Time ($)
—Dec 2023
—May 2024
$10.0MOct 2022
Latest News
growth-positive
/PRNewswire/ -- Velotix, a leader in AI-driven data security and governance, announces the launch of Velotix One, an all-in-one Data Security Platform (DSP)...
Velotix, a leader in AI-driven data security and governance, has launched Velotix One, a comprehensive Data Security Platform (DSP) designed to enhance data security and governance for organizations. The platform is tailored for modern data environments like Snowflake and Databricks, offering features such as sensitive data discovery, simplified permissions management, and real-time activity monitoring. Velotix One aims to simplify governance, automate processes, and provide secure, democratized access to data. The platform is designed to be intuitive, cost-effective, and quick to implement, addressing current governance challenges while preparing organizations for future needs. Velotix One is positioned as a transformative solution for data-driven teams seeking to improve governance maturity.
Product Stage
growth-positive
Velotix Secures Strategic Investment from Barclays Bank and Capri Ventures, Cementing Position as Premier Data Security Platform
Velotix, an AI-driven Data Security Platform (DSP) provider, has received a significant investment from Barclays Bank and Capri Ventures. The investment will be used to further develop Velotixs automated policy management and enhance secure data access at scale. The company aims to set new standards for innovation, privacy compliance, and data integrity. Velotixs platform is designed to mitigate risk and streamline policy management at scale, allowing organizations to navigate the complexities of data governance confidently.
Investment
growth-positive
Velotix Secures Tier One International Bank Partnership and Recognized as a Representative Vendor in the 2024 Gartner® Market Guide for Data Security Platforms Report
Data security company Velotix has announced a new partnership with an international Tier One bank, marking a significant expansion within the Banking Financial Services and Insurance (BFSI) sector. The partnership will see Velotix deploy its data security platform to meet the stringent security requirements and regulations of the financial industry. The companys platform enables organizations to integrate data-driven and security practices, ensuring compliance with privacy and security standards. Velotix has also been mentioned in the Gartner 2024 Market Guide for Data Security Platforms.
CustomersPartners
growth-positive
Velotix AI-Powered Data Security Platform is Now Available on Microsoft Azure
Data security company, Velotix, has announced that its AI-powered data access and policy management is now available in the Microsoft Azure marketplace. This will allow Microsoft Azure customers to access data while benefiting from scalable, reliable, and serverless analytics. The Velotix data security platform governs and controls compliant access to data throughout the data access lifecycle to provide maximum data utilization with minimum risk. The platform also uses AI to continuously learn and document organizational policies and external regulations to keep companies compliant.
PartnersCustomers
growth-positive
Velotix™ mentioned as a Sample Vendor for Data Security, 2023 - AI-TechPark
Velotix, a data security company, has been mentioned as a Sample Vendor in the Gartner Hype Cycle for Data Security, 2023 for the Data Security Platform category. The report emphasizes the need for security and risk management leaders to adopt innovations like data security posture management and data security platforms, and prepare for the impacts of quantum computing and AI. Velotixs platform provides maximum data utilization at minimum risk by making data accessible and providing safe, secure, and compliant data access. The platform uses AI to continuously learn and document organizational policies and external regulations to keep companies compliant.
Customers
| Sector | Cyber Security |
Funding
| Total funding | $10M |
| Last funding | Undisclosed |
| Stage | Seed |
| Rounds | 3 |
| Investors | 5 |
Team Members
4
Employees: 11-50
Web & Social Links
| Website | www.velotix.ai |
| Careers | Careers page |
Locations
Derech Menachem Begin 7, Ramat Gan, Israel
209 Orange St, Wilmington, NC 28401, USA
Photos & Videos
1 item(s)
Velotix Business
Business models
B2B
Product stage
Released
Employees
11-50
Sector
Cyber SecurityData SecurityTarget Customer
Communication ServicesFinancial ServicesFinancial InstitutionsEducationHigher EducationHealthcare & Life SciencesHealthcareProvidersInsurance CompaniesLife SciencesPharmaceuticalsEnterprise & Professional ServicesEnterprisesCore Technology
Platforms & InterfacesSoftwareArtificial IntelligenceTags (8)
dlpdata-protectioncyber-securitycloud-securitydata-managementcomplianceartificial-intelligenceenterprise-solutionsGeographic Markets
EuropeSingaporeNorth AmericaVelotix Financials
$10M
Total funding
Undisclosed
Capital raised
Undisclosed
Last funding
Seed
Funding stage
3
Total rounds
5
Investors
Cumulative Funding Raised Over Time ($)
—Dec 2023
—May 2024
$10.0MOct 2022
Private Equity Funding
Seed
May 2024
Undisclosed
Barclays (Lead)
,
Sarona Ventures, Capri Ventures
Undisclosed Round
Dec 2023
Undisclosed
Sarona Ventures
Seed
Oct 2022
$10M
Capri Ventures (Lead)
,
Regah Ventures, Plug and Play
Velotix Lifecycle
Cumulative Funding Raised Over Time
—Dec 2023
—May 2024
$10.0MOct 2022
All Events
Seed
May 2024
Undisclosed
Barclays (Lead)
,
Sarona Ventures, Capri Ventures
Undisclosed Round
Dec 2023
Undisclosed
Sarona Ventures
Seed
Oct 2022
$10M
Capri Ventures (Lead)
,
Regah Ventures, Plug and Play
Velotix News
9 articles
growth-positive
/PRNewswire/ -- Velotix, a leader in AI-driven data security and governance, announces the launch of Velotix One, an all-in-one Data Security Platform (DSP)...
Velotix, a leader in AI-driven data security and governance, has launched Velotix One, a comprehensive Data Security Platform (DSP) designed to enhance data security and governance for organizations. The platform is tailored for modern data environments like Snowflake and Databricks, offering features such as sensitive data discovery, simplified permissions management, and real-time activity monitoring. Velotix One aims to simplify governance, automate processes, and provide secure, democratized access to data. The platform is designed to be intuitive, cost-effective, and quick to implement, addressing current governance challenges while preparing organizations for future needs. Velotix One is positioned as a transformative solution for data-driven teams seeking to improve governance maturity.
Product Stage
growth-positive
Velotix Secures Strategic Investment from Barclays Bank and Capri Ventures, Cementing Position as Premier Data Security Platform
Velotix, an AI-driven Data Security Platform (DSP) provider, has received a significant investment from Barclays Bank and Capri Ventures. The investment will be used to further develop Velotixs automated policy management and enhance secure data access at scale. The company aims to set new standards for innovation, privacy compliance, and data integrity. Velotixs platform is designed to mitigate risk and streamline policy management at scale, allowing organizations to navigate the complexities of data governance confidently.
Investment
growth-positive
Velotix Secures Tier One International Bank Partnership and Recognized as a Representative Vendor in the 2024 Gartner® Market Guide for Data Security Platforms Report
Data security company Velotix has announced a new partnership with an international Tier One bank, marking a significant expansion within the Banking Financial Services and Insurance (BFSI) sector. The partnership will see Velotix deploy its data security platform to meet the stringent security requirements and regulations of the financial industry. The companys platform enables organizations to integrate data-driven and security practices, ensuring compliance with privacy and security standards. Velotix has also been mentioned in the Gartner 2024 Market Guide for Data Security Platforms.
CustomersPartners
growth-positive
Velotix AI-Powered Data Security Platform is Now Available on Microsoft Azure
Data security company, Velotix, has announced that its AI-powered data access and policy management is now available in the Microsoft Azure marketplace. This will allow Microsoft Azure customers to access data while benefiting from scalable, reliable, and serverless analytics. The Velotix data security platform governs and controls compliant access to data throughout the data access lifecycle to provide maximum data utilization with minimum risk. The platform also uses AI to continuously learn and document organizational policies and external regulations to keep companies compliant.
PartnersCustomers
growth-positive
Velotix™ mentioned as a Sample Vendor for Data Security, 2023 - AI-TechPark
Velotix, a data security company, has been mentioned as a Sample Vendor in the Gartner Hype Cycle for Data Security, 2023 for the Data Security Platform category. The report emphasizes the need for security and risk management leaders to adopt innovations like data security posture management and data security platforms, and prepare for the impacts of quantum computing and AI. Velotixs platform provides maximum data utilization at minimum risk by making data accessible and providing safe, secure, and compliant data access. The platform uses AI to continuously learn and document organizational policies and external regulations to keep companies compliant.
Customers
growth-positive
Velotix joins Data Collaboration Alliance
Velotix, an AI-based data security platform, is focused on granting the right access to the right data at the right time. They aim to maximize business value by removing unnecessary silos and minimizing security risks. The Data Collaboration Alliance, a nonprofit organization, shares a similar approach of reducing data silos and copies. Their flagship project, the Collaboration Hub, enables nonprofits and data-for-good teams to organize data collaboration projects. Velotix and the Data Collaboration Alliance are advocating for improved data ownership, simplified data compliance, and frictionless digital innovation.
CustomersPartners
growth-positive
Velotix Raises $10M in Seed Funding
Tel Aviv-based data security platform Velotix has raised $10M in seed funding led by Capri Ventures. The funding will be used for product development, scaling the organization, and expanding globally. Velotix offers an AI-driven data protection and access permissions platform that automates policy management, removes risk, and provides access to data. The company has gained initial customers in the financial, insurance, and healthcare markets and has partnered with global cloud providers and leading BI tools. Velotix is coming out of stealth mode after building its AI platform.
InvestmentPartners
growth-positive
Velotix Announces Launch from Stealth with $10M Seed Round
Velotix, a data security platform, has raised $10M in a seed round led by Capri Ventures. The funding will be used for product development, scaling the organization, and global expansion. Velotix uses Symbolic AI and machine learning to build a Data Protection Policy (DPP) and enforce data compliance and security. The company has gained initial customers in the financial, insurance, and healthcare markets and has partnered with Google, Amazon, Microsoft Azure, and leading BI tools. The platform aims to streamline secure access to data by intelligently managing policies and maximizing data usage while eliminating security risks. The article highlights the growing demand for data security platforms and the importance of data breaches, regulations, and reputation management. Velotix plans to be a leader in the market for secure and timely data access.
InvestmentPartnersExpand
growth-positive
Office Tour: Velotix Offices - Tel Aviv
RUST Architects has completed the planning and design of the offices of Velotix, a high-tech company in Tel Aviv. The offices are located in an old industrial building and have been designed to preserve the open and exposed space. The main kitchen is painted deep green and features a green marble surface. The space is covered with light and warm oak parquet flooring, and the toilets and bathrooms have bright-colored ceramic tiles. The client, a pop art collector, requested to display some of their creations on the office walls. The design aims to create a comfortable work space with a pleasant and enveloping feeling.
Expand
Velotix Team
Employee Info
| Employees (range) | 11-50 |
| Exact count | 44 |
| Team members | 4 |
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Velotix Internal
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Admin Info
| Confidence | 100/100 |
| Missing | markets |
| BI Verification | Jenny Sotnik-Talisman |
| Registrar ID | 516258225 |
| Creator | Jenny Sotnik-Talisman |
| Creator email | genys30@yahoo.com |
| Last updater | Yanina Wainscheinker |
| Updater email | yanina.wainscheinker@sncentral.org |
| Last update | 2024-05-06T00:00:00.000Z |
| Created | 2020-09-29T00:00:00.000Z |
| Claimed | Yes |