ENVEIL Wins 2017 Golden Bridge Award for Best Startup of the Year

Homomorphic Encryption Startup Receives Gold Honors for Empowering Organizations to Never Decrypt 

Fulton, MD – August 29, 2017 – ENVEIL, provider of the first scalable commercial solution to cryptographically secure Data in Use, today announced that they have been named a Gold Winner for Best Security Startup in the 9th Annual Golden Bridge Awards®. These awards recognize achievements in every sector of the cybersecurity industry, highlighting organizations from around the world.
 

Founded in September 2016 by a seasoned team of PhD mathematicians and computer scientists from the U.S. Intelligence Community, ENVEIL’s mission is to bring the same level of security that is embedded throughout the U.S. Intelligence Community to the commercial sector. ENVEIL’s technology is powered by homomorphic encryption and protects sensitive data at all times by securing Data in Use. This stands in stark contrast to traditional encryption, which keeps data secure at rest, but requires it be decrypted in order to preform search, analytics or queries. Homomorphic encryption assures that while these processes run, the data will never be decrypted, thereby greatly improving a company’s security posture.
 

“We are honored to be recognized by the Golden Bridge Awards for our cutting-edge work in securing Data in Use,” said Ellison Anne Williams, CEO and Founder of ENVEIL. “We remain committed to making it possible for organizations to never decrypt their data, regardless of what stage of life it is in. We are excited to continue innovating and to leave our mark on the industry as an award-winning startup.”
 

There are many solutions on the market today that use encryption to secure data at rest or in transit, but only recently has the code been cracked on encrypting Data in Use, which includes day to day interactions with data like searches and analytics. In addition to filing 14 patents and bringing a new method for never decrypting data to market, ENVEIL has shown significant growth and innovation over the last 12 months. In late 2016, ENVEIL received $1M in seed funding from DataTribe and in February 2017, ENVEIL was named the youngest company to ever participate in the RSA Innovation Sandbox; they went on to place second in the competition. The use cases for ENVEIL’s technology span a wide range of large market verticals including cloud security, financial services, healthcare, cyber, audit, and supply chain.

For more information about ENVEIL, please visit www.ENVEIL.com.

About ENVEIL
ENVEIL’s technology is the first scalable commercial solution to cryptographically secure Data in Use. Powered by homomorphic encryption, ENVEIL enables enterprises to operate on both encrypted and unencrypted data in the cloud, on prem, or anywhere in between without ever revealing the content or results of operations, such as searches and analytics. ENVEIL’s solution is applicable across large market verticals, including cloud security, financial services, healthcare and supply chain. Founded by a seasoned team of mathematicians and computer scientists from the U.S. Intelligence Community, ENVEIL was one of the winners at the 2017 RSA Innovation Sandbox competition. Learn more at https://www.enveil.com.

 

Contact
Taylor Hadley
978-877-2113
taylor@golaunchtech.com 

ENVEIL Invited to Present at Morgan Stanley’s 17th Annual TechWeek and CTO Innovation Summit

Maryland Startup Demonstrates Unique Homomorphic Encryption Technology Alongside Top Emerging Companies in Silicon Valley

Fulton, MD – June 28, 2017 – ENVEIL, provider of the first scalable commercial solution to cryptographically secure Data in Use, participated in the 2017 Morgan Stanley TechWeek and CTO Innovation Summit in Palo Alto, CA on June 7-8, 2017. As one of Morgan Stanley’s invited innovative companies of interest, ENVEIL’s founder and CEO, Ellison Anne Williams, presented their revolutionary approach to encryption. The annual event brought together more than 150 leading technology executives to collaborate and explore innovative products and emerging trends with Morgan Stanley’s senior technologists.

“We were thrilled to be included at Morgan Stanley’s event for our innovative work in securing Data in Use,” said Williams. “ENVEIL has scaled this technology into a framework for the commercial industry that was previously not attainable. We are excited about the possibilities of closing this gap of data security within the financial sector.”

As malicious adversaries continue to develop new ways to breach and exploit financial organizations, measures must be taken to ensure that sensitive data is not decrypted at any point of its lifecycle. For this reason, it is imperative that financial institutions securely interact with their data, whether on premise or in the cloud, and keep sensitive data encrypted even when it is being used. Founded in September 2016, ENVEIL’s mission is to bring the same level of security that it enabled within the U.S. Intelligence Community to the commercial sector.

There are many products on the market that use encryption to secure data at rest or in transit, but these solutions leave a gap of exposure for Data in Use, which includes day to day interactions with data like searches and analytics. Typically, data must be decrypted prior to performing these operations, leaving it vulnerable to data leakage and those with malicious intent. ENVEIL’s technology secures Data in Use, allowing the data to remain encrypted during any processes applied to it. In the event of a breach, all data and the use of that data is protected, vastly reducing the impact of breaches.

The invite-only Morgan Stanley event featured a series of seminars that provided attendees with the opportunity to interact with experts and learn more about customer challenges. Williams presented the ENVEIL solution to attendees and Morgan Stanley’s tech leaders. Many CTO Innovation Summit participants go on to play a larger role in Morgan Stanley’s technology strategy and in the financial sector as a whole. More information about Morgan Stanley’s 2017 TechWeek and CTO Innovation Summit can be found here.

About ENVEIL

ENVEIL’s technology is the first scalable commercial solution to cryptographically secure Data in Use. Powered by homomorphic encryption, ENVEIL enables enterprises to operate on both encrypted and unencrypted data in the cloud, on prem, or anywhere in between without ever revealing the content or results of operations, such as searches and analytics. ENVEIL’s solution is applicable across large market verticals, including cloud security, financial services, healthcare and supply chain. Founded by a seasoned team of mathematicians and computer scientists from the U.S. Intelligence Community, ENVEIL was one of the winners at the 2017 RSA Innovation Sandbox competition. Learn more at https://www.enveil.com.


 

ENVEIL WINS 2nd PLACE IN THE RSA® CONFERENCE 2017 INNOVATION SANDBOX CONTEST

San Francisco, CA – February 13, 2017  Today, ENVEIL was named the runner-up in the RSA® Conference Innovation Sandbox Contest 2017 for its pioneering work in data security. ENVEIL, the youngest company to ever compete in the RSAC Innovation Sandbox, was selected to be in the top 10 finalists from a roster of over 300 startups and was awarded 2nd place for its innovations in securing data in use that could "fundamentally change the paradigm of securing storing and operating on data in the cloud". ENVEIL's presentation can be viewed here.

 

 
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ENVEIL SELECTED AS FINALIST FOR THE RSA® CONFERENCE 2017 INNOVATION SANDBOX CONTEST  
 
ENVEIL Recognized For Its Innovations in Data Security
 
Fulton, MD – January 17, 2017  Today, ENVEIL has been named one of 10 finalists for RSA® Conference Innovation Sandbox Contest 2017 for its pioneering work in data security. On Monday, February 13, 2017, ENVEIL will have the opportunity to showcase its information security technology to the Innovation Sandbox Contest panel of judges for a chance to be named “RSAC Most Innovative Startup 2017.”
 
The Innovation Sandbox Contest promotes new approaches to information security technology, provides advice and counsel for entrepreneurs, and exposes the RSA Conference community to venture capitalists, industry experts, senior level business practitioners, and thought leaders.
 
“It’s no secret that past winners of this honor have become successful additions to the information security industry, and there’s no doubt this year’s crop of finalists will produce another hit,” said Sandra Toms, vice president at RSA and curator of RSA Conference. “This event gives startups the kind of visibility and validation that can easily turn into high growth and increased funding, which we expect to continue with this year’s top 10.”

Powered by homomorphic encryption and founded by former NSAers, ENVEIL’s scalable framework lets enterprises operate on data (query/analytics) without revealing the content of the interaction, the results, or the data itself. ENVEIL is the first scalable commercial solution for securing data in use. 
 
“RSAC Most Innovative Startup 2017” will be determined at the conclusion of the Innovation Sandbox Contest after each finalist gives a short presentation to a panel of judges that includes Asheem Chandna, partner at Greylock Partners; Gerhard Eschelbeck, vice president of security and privacy engineering at Google; Niloofar Razi Howe, senior vice president and chief strategy officer, RSA Corporate; Patrick Heim, head of trust and security at DropBox; and Paul Kocher, president and chief scientist of Cryptography Research division at Rambus.
 
Additional information about “RSAC Most Innovative Startup 2017” and Innovation Sandbox Contest can be found at: https://www.rsaconference.com/events/us17/agenda/innovation-sandbox-contest.

 
About RSA Conference
RSA® Conference is the premier series of global events where the world talks security and leadership gathers, advances and emerges. Whether attending in the U.S., the EMEA region, or the Asia-Pacific region, RSA Conference events are where the security industry converges to discuss current and future concerns and get access to the people, content and ideas that help enable individuals and companies to win, grow and do their best. It is the ultimate marketplace for the latest technologies and hands-on educational opportunities that help industry professionals discover how to make their companies more secure while showcasing the most enterprising, influential and thought-provoking thinkers and leaders in security today. For information on events, online programming and the most up-to-date news pertaining to the information security industry visit www.rsaconference.com.