US-based distributed data security platform Ionic Security raised $45m today in a funding round that featured e-commerce and cloud computing company Amazon.
Amazon, investment bank Goldman Sachs and hedge fund Hayman Capital joined existing shareholders for the round, including conglomerate Alphabet’s corporate venturing unit GV, Icon Ventures, Kleiner Perkins Caufield & Byers (KPCB), Meritech Capital Partners and Tech Operators.
Founded in 2011 as Social Fortress, Ionic develops software that protects sensitive information on corporate networks, the cloud and mobile devices. The company’s clients include Goldman Sachs, social networks Facebook and Twitter, and cloud computing company Salesforce.
Amazon’s cloud computing division Amazon Web Services (AWS) is currently working with Ionic to integrate the technology in its platform.
Ionic has now secured $122m in funding, according to its latest press release.
Most recently, GV (then called Google Ventures) contributed to a $40.1m series C round in January 2015 that was led by Meritech and also featured KPCB, Tech Operators and Icon (then known as Jafco Ventures).
GV and Icon co-led a $25.5m series B round in 2014 that also included KPCB, Tech Operators, Webb Investment Network, FF Venture Capital and assorted angel investors.
In 2013, GV helped supply $9.4m in series A funding alongside KPCB, Tech Operators and angel investors.
Adam Ghetti, founder and chief executive of Ionic Security, said: “Trust is the currency of any business, government, academic or personal relationship on the internet. The Ionic platform not only accelerates time to trust but guarantees that trust mathematically.
“Our platform does not trust people or devices, it trusts math. Our goal is simple but important: the widespread adoption of high-assurance data protection and control services so that data can be safe everywhere.”