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TrustLogix Completes Latest Funding Round to Enhance AI Feature Capabilities
About TrustLogix
TrustLogix, a leading provider of AI-powered data security platforms, is a company that has gained recognition for its innovative and scalable solutions in the data security space.
Latest Funding Round
The company has recently completed its latest funding round, which aimed at enhancing its AI feature capabilities. The Series Seed-2 round, led by new investor Westwave Capital, with participation from co-lead Alter Venture Partners, The Hive, and existing investor Norwest Venture Partners, brings the total investment raised by the company to $13 million.
Industry Recognition
TrustLogix has received industry recognition for its innovative solutions. Kuppinger Cole published an independent report on the Data Security Platforms market, which highlighted TrustLogix as an Innovation Leader. Gartner also named TrustLogix a representative vendor in its Market Guide for Data Security Platforms, 2024, emphasizing the company’s strength in delivering secure data access across multiple clouds.
CEO’s Perspective
“From inception, we engineered TrustLogix for enterprise scale. Witnessing our platform securing access control for hundreds of thousands of users across all leading data platforms with over 50 exabytes of data is a testament to our design,” said Ganesh Kirti, CEO & Founder of TrustLogix, Inc. “This funding allows us to refine our industry-leading AI features further, support additional data platforms, and enhance our sales capabilities well into the future.”
Customer Testimonials
“Navigating the complex world of global data security and governance is a constant challenge, especially when handling sensitive information in highly regulated services,” stated Bhaskar Mulugu, Vice President, Head of Data Engineering and Enterprise Architecture at Vialto Partners. “TrustLogix’s Data Security Platform is a game-changer. It enables us to implement policy-based granular access controls to meet these challenges head-on without compromising data accessibility or performance.”
Vision for the Future
TrustLogix is rapidly emerging as a leader in data security, earning high praise from top industry analysts for its innovative and scalable solutions. The company continues to leverage its high-performance, AI-powered architecture to safeguard sensitive data with a non-invasive approach, ensuring robust cloud-native security without compromising performance or impacting existing workflows.
Conclusion
TrustLogix’s latest funding round is a testament to its commitment to delivering market-defining data security solutions for today’s complex business environment. With its AI-powered architecture, the company is poised to continue its growth trajectory, providing unparalleled productivity gains and proactive risk identification for data owners and security leaders.
FAQs
Q: What is TrustLogix’s mission?
A: TrustLogix’s mission is to deliver innovative and scalable data security solutions for the complex business environment.
Q: What is the focus of TrustLogix’s latest funding round?
A: The focus of TrustLogix’s latest funding round is to enhance its AI feature capabilities.
Q: Who are the key investors in TrustLogix’s latest funding round?
A: The key investors in TrustLogix’s latest funding round are Westwave Capital, Alter Venture Partners, The Hive, and Norwest Venture Partners.
Q: What is TrustLogix’s industry recognition?
A: TrustLogix has received industry recognition for its innovative solutions, including being named an Innovation Leader by Kuppinger Cole and a representative vendor in Gartner’s Market Guide for Data Security Platforms, 2024.
Q: What is the total investment raised by TrustLogix?
A: The total investment raised by TrustLogix is $13 million.
Q: What are the key features of TrustLogix’s Data Security Platform?
A: The key features of TrustLogix’s Data Security Platform include its high-performance, AI-powered architecture, non-invasive approach, and ability to provide robust cloud-native security without compromising performance or impacting existing workflows.
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