TENAFLY, N.J. – Cloud security provider HyTrust Inc. said on Thursday it had acquired HighCloud Security for an undisclosed sum, striking a deal it said would round out its security offering.
The move follows HyTrust?s $18.5M Series C financing round in August and comes as enterprises increasingly deploy private cloud services. HyTrust said that it had quadrupled its sales over the past year. It now has 90 customers including 10 of the Fortune 100, HyTrust President & co-founder Eric Chiu told security current.
“Our business has accelerated both in terms of new customers as well as larger deals — we are regularly closing 6-figure and 7-figure deals,” Chiu said.
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