Anjuna sees strong business growth with rising market demand for confidential computer security solutions

Company uses Secure enclaves simple and practical, enabling trust, compliance and security in the public cloud; adds executives to continue growth

PALO ALTO, California.July 6, 2022 /PRNewswire/ — Anjuna Security Inc., de Confidential Computing software company, today announced that it will experience strong growth in 2022 with increasing market awareness and demand for securing cloud workloads, core applications, proprietary algorithms and personal data in any environment. Anjuna makes it practical to simply lock down workloads at runtime on a server – the only point where it is currently exposed to insiders, third parties or potential attackers. Confidential Computing can become a $54 billion market in 2026at a CAGR of 90%-95%, according to a report from Everest Group.

“We are experiencing strong growth so far this year and significantly increased interest due to the recognition that Anjuna holds the key to making the public cloud completely secure,” said Ayal Yogevi, co-founder and CEO of Anjuna. “The indisputable and existential benefits of the public cloud can now be fully embraced and without anything having to change. Transparently closing the remaining fundamental trust and risk gaps in the cloud is a game-changer for using MPC, blockchain , digital wallets, proprietary AI code, and confidential data.”

Anjuna has already seen 700% growth in new customers this year, with continued strong prospects based on a 15x increase in sales pipeline. Businesses across multiple industries have chosen Anjuna to enable the use of Confidential Computing in the public cloud. A turning point customer win earlier this year was the Israeli Ministry of Defenseone of the world’s most security-focused and security-adept organizations, selecting Anjuna and public cloud infrastructure for highly sensitive data.

To meet the growing market recognition and demand, Anjuna has recruited two experienced executives. Mark Bower joins as Vice President of Product Management to drive the continued innovation and evolution of Anjuna products and solutions. Trent Hall joins as Vice President of Global Channel and Cloud. Previously, Bower was Principal Product Manager for AWS Payment Services, responsible for cryptography development, and EVP Enterprise Market Development for comforte AG. He was previously GM of HPE’s Data Security Business through the acquisition of Voltage Security. Hall will accelerate Anjuna’s cloud partnerships and continue to build the global partner ecosystem. He previously held similar roles for Skydio, Splunk, and SignalFx.

In February, Anjuna announced the closing of a Series B investment round of $30 million, with former Zscaler director Manoj Apte joining the company’s board of directors. Anjuna partners now include AWS, Microsoft Azure, HashiCorp, Venifi and Redis Labs† This year, the company has expanded its workforce by 3x so far.

Anjuna Confidential Computing Software enables organizations to leverage the widespread secure enclave hardware security features already built into servers in on-premises data centers, public cloud, and hybrid infrastructure, including AWS, Azure and others, transparently and without the need for applications or IT processes and without impact on scale or performance. The solution also enables full multi-cloud deployments with no code or process changes, enabling enhanced security and trusted data sharing in and between any environment at any location. Runtime encryption can be seamlessly and uniformly extended to data storage and transmission, and across cloud and on-premises data centers, providing end-to-end, gap-less data and asset security. The Anjuna solution can quickly and easily implement confidential computing in minutes, rather than taking years of professional time for redevelopment and re-implementation.

About Anjuna

Anjuna Security makes the public cloud safe for businesses. With software from Anjuna Security, enterprises can effortlessly run even their most sensitive workloads securely in the public cloud. Unlike complex perimeter security solutions that can be easily breached by insiders and malicious code, Anjuna leverages the strongest hardware-based secure computing technologies available to make the public cloud the most secure computing resource available anywhere. Anjuna is based in Palo Alto, California.

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SOURCE Anjuna Security, Inc

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