Founded in 2010, CipherCloud has grown extremely rapidly and is on target to achieve 500 per cent year on year growth worldwide. The company is now protecting more than 1.2 million cloud application users, with over 100 million customer records for over 40 enterprise-scale customers across eight countries. Top organisations in banking, insurance, healthcare, government and high-tech sectors are using CipherCloud to protect their sensitive information in the cloud.
The strong demand for CipherCloud’s portfolio, which provides cloud encryption and tokenisation gateways, has been driven by the increase in cloud application adoption. CipherCloud enables organisations to securely adopt cloud applications by eliminating concerns about data privacy, residency, security, and regulatory compliance.
“Cloud applications are experiencing explosive growth,” said Pravin Kothari, CEO, CipherCloud. “With our solution enabling organisations to securely protect their information and retain full control over it, we are also growing extremely fast. We are expecting growth in Europe to reach 20 per cent of our annual turnover in 2013.”
The CipherCloud product portfolio supports popular cloud applications out-of-the-box, such as Salesforce, Force.com, Chatter, Google Gmail, Microsoft® Office 365, and Amazon AWS. Additionally, CipherCloud Connect AnyApp and Database Gateway enable organisations to extend data protection to hundreds of other cloud applications and databases.
According to CipherCloud Regional Director, Richard Olver, “CipherCloud has come a long way in just two years. The establishment of a dedicated European headquarters is recognition of the phenomenal growth we’ve achieved in a very short time. We look forward to helping organisations in Europe adopt cloud applications, while ensuring that their sensitive information is fully protected and all government guidelines from the EU Data Protection Reform and the UK Information Commissioner’s office are complied with.”