MCLEAN, Va.--(BUSINESS WIRE)--PerspecSys, the leader in cloud data protection solutions for the enterprise, today announced it has been named a 2013 Emerging Technology vendor by UBM Tech Channel’s CRN Magazine. The annual list highlights hot tech startups making an impact on the channel and an impression on the tech industry as a whole.
“The recent headlines around surveillance programs like PRISM and XKeyscore have highlighted the importance and need of retaining enterprise control of sensitive data in the cloud”
PerspecSys was recognized for its unique Gateway which gives enterprises and public-sector organizations total control over their sensitive data enabling a safe, secure move to the cloud, no matter where their cloud service provider is located. Data control is critical in today’s tumultuous data security market as it is the only way to effectively leverage the benefits of the cloud while ensuring compliance with key residency laws like the UK Data Protection Act or Germany’s Federal Data Protection Act. With PerspecSys, enterprises meet their legal and industry data privacy and security compliance requirements while their end-users retain full functionality of popular cloud applications such as Salesforce.com and Oracle CRM On Demand – a true win-win.
Using patented technology, the PerspecSys Gateway intercepts sensitive data while it is still on-premise and replaces it with a random tokenized or encrypted value, rendering it meaningless should anyone outside of the company access the data while it is being processed or stored in the cloud. In addition, the PerspecSys solution offers the differentiated ability to preserve cloud application functionality – even when the data is tokenized or strongly encrypted – using encryption such as National Institute of Standards and Technology (NIST) listed FIPS 140-2 compliant modules. With PerspecSys, end-users have access to features and functions such as ability to search and sort data, send emails, and generate reports – even on sensitive data that has been tokenized or encrypted.
“Any technology vendor can claim to offer innovative products and groundbreaking technology, but only a select group can truly impact the marketplace with their offerings,” said Robert Faletra, CEO, UBM Tech Channel. “The companies named to the 2013 Emerging Vendor list offer solutions that deliver as promised while creating the high margins that solution providers demand. We congratulate all the vendors for their commitment to delivering technological innovations that map to the needs of the dynamic channel market.”
“The recent headlines around surveillance programs like PRISM and XKeyscore have highlighted the importance and need of retaining enterprise control of sensitive data in the cloud,” said David Canellos, CEO of PerspecSys. “At PerspecSys, we recognized data control was the key to cloud adoption years ago and have built a business and technology platform to enable it. Working with our partners and customers, we have created the best cloud security solution possible – one that delivers the highest levels of security without compromise – and we proud to be recognized by CRN as top innovator and contributor to the market.”
The vendors that make up the CRN Emerging Technology Vendor list were founded in 2007 or later, and have revenue under $1 billion. To view the list and read the editorial accompaniment visit www.CRN.com. The list will also be featured in the August issue of CRN magazine.
PerspecSys Inc. is a leading provider of cloud data protection solutions that enable mission-critical cloud applications to be adopted in enterprises and government agencies. PerspecSys removes the technical, legal and financial risks of placing sensitive company data in the cloud. PerspecSys accomplishes this for many large, heavily regulated organizations across the world by never allowing sensitive data to leave a customer’s network, while maintaining the functionality of cloud applications. Based in McLean, VA and Toronto, with offices in San Francisco and London, PerspecSys Inc. is a privately held company backed by investors that include Intel Capital, Paladin Capital Group, Ascent Venture Partners and GrowthWorks. For more information please visit www.perspecsys.com or follow on Twitter @perspecsys.
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