Fortanix

In September, data security vendor Fortanix announced raising $90 million in new funding, in part to expand channel sales. The company has been a major player in the realm of confidential computing, which reduces the cyber risk associated with the decryption of data while it’s in use. Ambuj Kumar, co-founder and CEO of Fortanix, told CRN that the majority of thew funding has been earmarked for an aggressive go-to-market campaign, featuring a heavy emphasis on working with channel partners. Fortanix had about 15 employees focused on its channel business as of September, which Kumar said could more than double within the year.