Kiteworks

Kiteworks
Company typePrivate
IndustrySecurity software
Founded1999; 25 years ago (1999) in Singapore
HeadquartersSan Mateo, California, United States
Key people
  • Jonathan Yaron (CEO)
  • Michael Lee (CFO)
  • Kurt Michael (CRO)
  • Tim Freestone (CMO)
  • Yaron Galant (CPO)
  • Frank Balonis (CISO)
Number of employees
400+[1]
Websitewww.kiteworks.com

Kiteworks, formerly known as Accellion, Inc., is an American technology company that secures sensitive content communications over channels such as email, file share, file transfer, managed file transfer, web forms, and application programming interfaces. The company was founded in 1999 in Singapore and is now based in San Mateo, California.

The Kiteworks Private Content Network consolidates file and email data communications onto a single platform, enabling organizations to reduce data privacy exposure risk and demonstrate conformance with a variety of regulations.[2] The Kiteworks hardened virtual appliance encrypts and encapsulates the Private Content Network with multiple security layers.[2]

In 2022, the company stated that its products were used by over 3,800 organizations worldwide.[3]

In late 2020, a zero-day exploit in Accellion’s legacy 20-year-old File Transfer Appliance (FTA) product led to data breaches of dozens of government and private organizations. The vulnerabilities were confirmed only in the FTA and not in the Kiteworks platform, which has a separate codebase.[4]

In August 2024, Kiteworks raised US$456 million from Insight Partners and Sixth Street, valuing it at over US$1 billion.[5][6][7]

  1. ^ "Kiteworks Company Overview". Kiteworks. May 20, 2024. Retrieved May 22, 2024.
  2. ^ a b "Private Content Network: Secure File Sharing & Secure File Transfer Platform".
  3. ^ "About Kiteworks".
  4. ^ Newman, Lily Hay (March 8, 2021). "The Accellion Breach Keeps Getting Worse—and More Expensive". Wired. Retrieved April 2, 2021.
  5. ^ Lunden, Ingrid (August 14, 2024). "Kiteworks captures $456M at a $1B+ valuation to help secure sensitive data". TechCrunch. Retrieved August 18, 2024.
  6. ^ Armental, Maria (August 14, 2024). "Insight Partners and Sixth Street Invest $456 Million in Kiteworks". The Wall Street Journal. Retrieved August 18, 2024.{{cite web}}: CS1 maint: url-status (link)
  7. ^ "Kiteworks Private Content Network ("PCN") Vision Validated by $456M Growth Equity Investment From Insight Partners and Sixth Street Growth". Kiteworks | Your Private Content Network. Retrieved August 18, 2024.