Newsletters
Customer Relationship Management News NewsFactor Sites:       NewsFactor.com     Enterprise Security Today     CRM Daily     Business Report     Sci-Tech Today  
   
Home CRM Systems Customer Service Contact Centers Business Intelligence More Topics...
Eliminate costly downtime!
Find out how with Free White Paper
& enter to win a Samsung Galaxy Note

www.apc.com
EST Press Releases
Tame your scariest paperwork. Find Out How
Average Rating:
Rate this article:  
Sookasa Launches to Deliver Compliance Service
Sookasa Launches to Deliver Compliance Service

 
April 2, 2014 7:11AM
Sookasa Launches to Deliver Industry’s First Compliance Service that Transparently Protects Files across Popular Cloud Services and Mobile Devices -- Cloud Experts Secure Series A Funding from Accel Partners; Launch Sookasa to Provide Encryption and Access Control for Dropbox and Other Popular Cloud Services while Preserving User Experience
 



SAN MATEO, Calif., April 2, 2014 -- Sookasa, Inc., an innovator in compliance for popular cloud applications and mobile devices, today emerged from stealth mode to radically simplify the protection of sensitive files across popular cloud services and mobile devices. Sookasa is the first company to enable professionals to natively use their favorite cloud services, such as Dropbox and Gmail, and mobile devices, while transparently encrypting sensitive data and addressing regulations such as HIPAA and FERPA.

As part of the company launch, Sookasa also announced its Series A round of funding, led by top-tier venture capital firm Accel Partners, with continued participation from existing seed investors. The existing group of investors includes First Round Capital, SV Angel and other leading angel investors. The new funding will be used for continued development and to expand Sookasa’s traction in key regulated industries such as healthcare, education, legal and finance.

Cloud services such as Dropbox, Box and Gmail are powerful tools that enable easy sharing and collaboration across multiple platforms and devices. However this creates significant challenges in regulated industries because the loss of even a single device connected to a cloud account can cause a catastrophic data breach and significant legal liability. Current encryption solutions require heavy IT resources, restrict user freedom and significantly hurt user experience. With Sookasa, organizations now have a self-service turnkey encryption and compliance solution that enables their employees to safely use their favorite mobile devices and cloud services. Files are encrypted anywhere they are placed, including on the cloud, mobile devices and desktops, and remain protected even when shared externally.

“Sookasa is uniquely positioned at the junction of cloud and mobile security,” said Sameer Gandhi, Partner at Accel Partners, who led the investment in Sookasa. “Sookasa is the first company to consumerize compliance and make it accessible to professionals at companies of all sizes. Accel believes in scalable low-touch services that create a network effect, and Sookasa brings these principles to a market dominated by legacy appliances and packaged software. Accel is excited to partner with Sookasa to create a new model for the next generation of data security companies.”

With today’s introduction, Sookasa also announced its solution launch of the Sookasa Cloud Compliance Service™, the industry’s first solution that controls and audits file accesses across cloud services, users and devices, while enabling users to leverage their favorite cloud services and protecting files with seamless transparent encryption. See accompanying solution launch announcement issued by Sookasa today at: www.sookasa.com/press/product-launch/

The idea for Sookasa was originally conceived by father and son researchers, Israel and Asaf Cidon, while Asaf was a PhD student in Stanford University working on cloud storage technologies. They were concerned to see that their files shared across the Atlantic were spread out to multiple cloud services and devices, without a way to centrally manage and track them. They realized that this poses an even greater challenge for businesses that have major data breach risks.

“There is a paradigm shift in the security market as content is rapidly moving from on-premise servers and desktops to cloud services and mobile devices,” said Asaf Cidon, Sookasa CEO and co-founder. “Unlike legacy security companies that protect infrastructure like networks or endpoints, Sookasa is laser-focused on protecting the content itself while preserving the user experience. Our Cloud Compliance Service is architected to operate across any cloud service, computer or mobile device.”

Sookasa was founded in 2012 in the Silicon Valley by experts in cloud security and storage. The founding team includes CEO Asaf Cidon (formerly of Google and Israeli Intelligence), Israel Cidon (formerly founder of Actona Technologies and Dean of Electrical Engineering at the Technion), Madan Gopal (formerly of Cisco and IBM), and Lior Gavish (formerly of Paypal).

The company is venture backed, with Accel leading its Series A round of funding. Sameer Gandhi from Accel Partners joins Sookasa’s board of directors with the investment. In addition, Kirk Bowman, who formerly held executive positions at VMware and Equallogic, joins as an independent board member. Advisors to the company include Taher ElGamal, CTO Security at Salesforce and the “father of SSL.” (continued...)

1  |  2  |  3  |  Next Page >

 

Tell Us What You Think
Comment:

Name:

Product Information and Resources for Technology You Can Use To Boost Your Business

Network Security Spotlight
Tor Internet Privacy Service Warns Users It Was Breached
You may never have heard of the Tor Project, but the Internet privacy service is making headlines. Tor’s devs say users might be victims of an attack launched against the project earlier this year.
 
Canadian Government Charges China With Cyberattack
The government of Canada is not happy with China. Canadian officials have accused "a highly sophisticated Chinese state-sponsored actor" of launching a cyberattack on its National Research Council.
 
Researchers Working To Fix Tor Security Exploit
Developers for the Tor privacy browser are scrambling to fix a bug revealed Monday that researchers say could allow hackers, or government surveillance agencies, to track users online.
 

Enterprise Hardware Spotlight
Apple Updates MacBook Pros, Cuts Prices Up to $100
The popular MacBook Pro laptop line just got an update and a price cut of as much as $100. The MacBook Pro with Retina display now includes faster processors and double the memory.
 
Dell, BlackBerry Not Sweating Apple-IBM Alliance
IBM's recent move to partner with Apple to sell iPhones and iPads loaded with corporate applications has excited investors in both companies, but two rivals say they are unperturbed for now.
 
Watson Gets His First Customer Service Gig
Since appearing on Jeopardy, IBM's Watson supercomputer has been making a living using his super-intelligent knowledge base for business verticals. Now, Watson's been hired for his first customer service job.
 

Mobile Technology Spotlight
Virgin Mobile Offers Custom Smartphone Plans
As the wireless carrier wars continue heating up, Virgin Mobile just threw the customization coal onto the fire. The firm has debuted a no-annual-contract plan with rates based on individual use.
 
Collaboration Provider Asana Revamps Mobile App
Asana, a collaboration software provider started by a Facebook founder, is now out with a rebuilt native iOS mobile app. It replaces one that even the company admits was not up to par.
 
Facebook: You Will Use Messenger, and You Will Like It
Starting this week, Facebook users with Android and iOS phones will be forced to use the separate Messenger app to send Facebook messages. Pending messages will still be visible in the main app.
 

Navigation
CRM Daily
Home/Top News | CRM Systems | Customer Service | Contact Centers | Business Intelligence | Sales & Marketing | Customer Data | CRM Press Releases
NewsFactor Network Enterprise I.T. Sites
NewsFactor Technology News | Enterprise Security Today | CRM Daily

NewsFactor Business and Innovation Sites
Sci-Tech Today | NewsFactor Business Report

NewsFactor Services
FreeNewsFeed | Free Newsletters

About NewsFactor Network | How To Contact Us | Article Reprints | Careers @ NewsFactor | Services for PR Pros | Top Tech Wire | How To Advertise

Privacy Policy | Terms of Service
© Copyright 2000-2014 NewsFactor Network. All rights reserved. Article rating technology by Blogowogo. Member of Accuserve Ad Network.