Fortanix

Headquarters: Mountain View, Calif.

CEO: Ambuj Kumar

Funding: $23 million, Series B

Investors: Intel Capital (led the round), Foundation Capital, Neotribe

What it does: Provider of a "runtime encryption" solution that protects data during runtime from cloud providers, insiders, government subpoena and hackers

CEO Quote: "Fortanix uniquely helps protect encryption keys, databases, machine learning algorithms, and containers to help secure organizations’ data in private, public and hybrid cloud environments. This new funding is a testament to the tremendous growth we’ve already experienced in 18 months since we first launched our product."