Decru
Hardware appliances for enterprise data storage security
About Decru
Decru, Inc. was a provider of storage security solutions for enterprises and government organizations. Founded in 2001 by Dan Avida and Serge Plotkin, the company was established to address critical business requirements for data privacy, regulatory compliance, intellectual property protection, and internal controls. Avida, who served as President and CEO, previously had a successful tenure as Chairman and CEO of Electronics for Imaging (EFI).
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The company’s flagship products were the DataFort storage security appliances, which were designed to integrate into networked storage environments without requiring changes to existing server or storage infrastructures. These appliances provided a layer of security at wire speed, delivering features such as hardware-based encryption, user authentication, access control, and data compartmentalization for various storage types including SAN, NAS, and tape devices. The technology was developed to be compatible with storage systems from multiple vendors, including NetApp's competitors like EMC, IBM, and Hewlett-Packard.
Decru served a diverse client base across sectors such as financial services, healthcare, telecommunications, and government. The firm raised over $45 million in venture capital from investors including Benchmark Capital, Greylock, New Enterprise Associates, and the CIA-backed In-Q-Tel. In June 2005, network storage provider NetApp announced its acquisition of Decru for approximately $272 million in cash and stock, a deal that was finalized in October 2005. Following the acquisition, Decru became a business unit within NetApp, continuing its focus on providing data protection and encryption solutions.
Latest news
Press, funding announcements and product moves mentioning Decru.
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES BOther financing | Feb 2003 | $28M | $112M | Benchmark | — |
| SERIES BOther financing | Jul 2002 | $27M | $108M | Benchmark · NEA · In-Q-Tel | — |
Growth signals
Decru's team grew 3.7% over the past year.
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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