HyTrust invests in In-Q-Tel, solidifies partnership
Partnership broadens HyTrust's reach into federal space
- By Mark Hoover
- Jul 15, 2013
HyTrust, a cloud security automation company, has received a strategic investment and signed a technology agreement with In-Q-Tel, the CIA's private equity group.
The partnership is designed to help secure virtualized and cloud infrastructures by fueling development and enabling the expansion of support operations, In-Q-Tel said. The private equity group invests in commercializing technologies that might benefit the intelligence community.
“Our partnership with HyTrust will accelerate and enhance the company’s technology relating to the control, management and compliance of virtual datacenter environments,” said Robert Ames, senior vice president in charge of IQT’s Information and Communication Technologies Practice.
It will also broaden HyTrust’s reach into the federal space.
“This funding and strategic relationship with IQT enables us to deliver the right features at scale to address market opportunity and demand, while focusing on the unique requirements of multiple government agency partners,” said HyTrust President and co-Founder, Eric Chiu.
Mark Hoover is a senior staff writer with Washington Technology. You can contact him at firstname.lastname@example.org, or connect with him on Twitter at @mhooverWT.