PortAuthority Technologies
Security software for preventing enterprise information leaks
About PortAuthority Technologies
PortAuthority Technologies, founded in 2000, developed security software designed to control and prevent the leakage of sensitive corporate information. The company, formerly known as Vidius, offered solutions to stop the unauthorized transmission of confidential data through outbound email, internal networks, and web communications by monitoring and enforcing security policies.
The core of their offering was the PortAuthority appliance, a hardware solution built for automated policy enforcement. This system did not require any client-side software. It featured PreciseID technology, which was designed to accurately protect both structured and unstructured data across more than 300 file formats, even if the data was manipulated, such as through copy-and-paste or file renaming. The technology provided visibility and control over data moving through email, web traffic, and even networked printers.
The company's solutions were aimed at mitigating the risks associated with information leaks in high-risk business scenarios, such as protecting intellectual property and ensuring vendor access did not lead to data breaches. In January 2007, PortAuthority Technologies was acquired by Forcepoint (at the time, a subsidiary of Websense) for approximately $90 million, integrating its data loss prevention (DLP) capabilities into Websense's broader security offerings.
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Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES D✓Equity / VC | Sep 2006 | $18M | $72M | NEA | — |
| SERIES CEquity / VC | Jun 2005 | $13M | $54M | Greylock Partners · Sequoia | — |
Growth signals
Latest recorded traffic for PortAuthority Technologies is 0 monthly website visits. PortAuthority Technologies's team grew 0% over the past year.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series B and later3 investors entered at this stage
Other known investors1 additional known investor
Asheem Chandna
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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