HyTrust, an Entrust company, is an American company specializing in security, compliance and control software for virtualization of information technology infrastructure. The company was founded in 2007, and is based in Mountain View, California. It was acquired by Entrust Corp. in January 2021.
HyTrust was founded in 2009, partnered by VMware, Symantec, Cisco Systems, and Citrix Systems, and backed by $5.5 million funding from Trident Capital and Epic Ventures. A further $10.5 million funding was raised from Granite Ventures and Cisco Systems in 2010.
In summer 2013, the company raised $18.5 million in an oversubscribed C round with investments from Intel Capital, In-Q-Tel, Carahsoft, Fortinet, and previous investors. The web site also mentions McAfee, Trend Micro, CA Technologies, RSA, and VCE.
HyTrust was founded by the company's president, Eric Chiu, vice president Renata Budko, vice president Boris Strongin, and engineer Boris Belov. Before Hytrust, both Chiu and Budko worked for Cemaphore Systems – a company specialising in disaster recovery for Microsoft Exchange. HyTrust's CEO and chairman is John De Santis – formerly vice president of Cloud Services at VMware, and chairman and CEO of TriCipher, a software security infrastructure company.
In November 2013, HyTrust acquired HighCloud Security, a cloud encryption and management software provider. This acquisition added encryption and key management to HyTrust's products. In spring 2015, the company raised $33 million in Series D funding. HyTrust was acquired by Entrust in January 2021.