Vormetric
Encyclopedia
Vormetric Inc. is a privately held data encryption
Encryption
In cryptography, encryption is the process of transforming information using an algorithm to make it unreadable to anyone except those possessing special knowledge, usually referred to as a key. The result of the process is encrypted information...

 company located in San Jose, CA. It is mainly known for marketing Vormetric Data Security, a data protection software package.

History

Vormetric, Inc. was founded in 2001, but remained closed until 2003. It was formerly (2001 to April 30, 2002) known as Soltera Networks.

Growth

Vormetric announced 2009 bookings growth of 127% and operating profit of 30% for Q409. Demand for Vormetric solutions are driven by multiple compliance and regulatory agencies requiring encryption for data at rest including, Health Insurance Portability and Accountability Act
Health Insurance Portability and Accountability Act
The Health Insurance Portability and Accountability Act of 1996 was enacted by the U.S. Congress and signed by President Bill Clinton in 1996. It was originally sponsored by Sen. Edward Kennedy and Sen. Nancy Kassebaum . Title I of HIPAA protects health insurance coverage for workers and their...

 and HITECH, Payment Card Industry Data Security Standard, State breach notification laws, Sarbanes-Oxley Act
Sarbanes-Oxley Act
The Sarbanes–Oxley Act of 2002 , also known as the 'Public Company Accounting Reform and Investor Protection Act' and 'Corporate and Auditing Accountability and Responsibility Act' and commonly called Sarbanes–Oxley, Sarbox or SOX, is a United States federal law enacted on July 30, 2002, which...

, Gramm-Leach-Bliley Act
Gramm-Leach-Bliley Act
The Gramm–Leach–Bliley Act , also known as the Financial Services Modernization Act of 1999, is an act of the 106th United States Congress...

, and a host of other federal, state and international requirements.

Investors include:
  • JK&B Capital
  • Quicksilver Ventures
    Quicksilver Ventures
    Quicksilver Ventures is a primary and secondary venture capital firm based in Silicon Valley . Quicksilver Ventures acquires existing venture capital portfolios from corporations and other venture capital funds...

  • Sigma Partners
  • Vanguard Venture Partners

Key Partnerships

IBM
IBM
International Business Machines Corporation or IBM is an American multinational technology and consulting corporation headquartered in Armonk, New York, United States. IBM manufactures and sells computer hardware and software, and it offers infrastructure, hosting and consulting services in areas...

 - IBM Database Encryption Expert uses Vormetric encryption technology within IBM DB2
IBM DB2
The IBM DB2 Enterprise Server Edition is a relational model database server developed by IBM. It primarily runs on Unix , Linux, IBM i , z/OS and Windows servers. DB2 also powers the different IBM InfoSphere Warehouse editions...

 environments. Additionally, Vormetric is an IBM Advanced Business Partner, a participant in TotalStorage Proven and has technology and business relationships with the Information Management and Server Technology groups. Vormetric Data Security has been certified/validated for interoperability with a broad array of storage systems, computing platforms and the IBM DB2 and IBM Informix data management platforms.

Symantec
Symantec
Symantec Corporation is the largest maker of security software for computers. The company is headquartered in Mountain View, California, and is a Fortune 500 company and a member of the S&P 500 stock market index.-History:...

 - Vormetric is a Symantec OEM partner and the creator and provider of the encryption, compression and key management technology used in Veritas NetBackup solution for enterprise-level data backup and recovery. The solution, called NetBackup Media Server Encryption Option (MSEO), uses Vormetric technology for data encryption at the enterprise media server rather than at a client device or on a separate appliance.

Secproof - Secproof announced it partnership with Vormetric in 2011. Secproof is highly recognized service- and solution specialist in security, identity management and business continuity.
Founded in 1991, Secproof operates throughout the globe having local presence in the Nordics, Baltics and in the UK. Secproof customers include multinational corporations, ICT service providers, datacenters, technology companies and government agencies.

Software

Vormetric Data Security solution has approximately 14 patents and consists of both a software and hardware appliance component. The product uses industry standard Advanced Encryption Standard (AES) and is Federal Information Processing Standard
Federal Information Processing Standard
A Federal Information Processing Standard is a publicly announced standardization developed by the United States federal government for use in computer systems by all non-military government agencies and by government contractors, when properly invoked and tailored on a contract...

FIPS 140-2, Level 2 certified and optionally FIPS 140-2, Level 3 certified for key management. Vormetric Data Security is made up of the Vormetric Data Security Manager, which provides centralized key and policy management for each of the individual client-side encryption experts, including:
  • Vormetric Database Encryption Expert
  • Vormetric File Encryption Expert
  • Vormetric Backup Encryption Expert
  • Vormetric Key Security Expert

As an additional product, Vormetric provides Vormetric Integrated Key Management for centralized key distribution, backup and recovery.

Vormetric context-aware access control technology allows access to sensitive data only by authenticated users and applications that are authorized to perform the requested operation on the targeted data at the time the operation is being attempted. System administrator access privileges are also controlled. Data at rest is encrypted in any storage environment, and specific vital elements of the host are also protected.

Customers

Examples of Vormetric customers across different segments include Prudential, BCAA, MetaBank, Carlson, Classified Ventures and government agencies.

Contributed Content

eWeek - Health Care IT
Advance - for Health Care Executives
SC Magazine

External links

The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
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