Venafi, Inc. is a privately held

cybersecurity Computer security (also cybersecurity, digital security, or information technology (IT) security) is a subdiscipline within the field of information security. It consists of the protection of computer software, systems and networks from thr ...

company that develops software to secure and protect

cryptographic keys A key in cryptography is a piece of information, usually a string of numbers or letters that are stored in a file, which, when processed through a cryptographic algorithm, can encode or decode cryptographic data. Based on the used method, the key c ...

and

digital certificates In cryptography, a public key certificate, also known as a digital certificate or identity certificate, is an electronic document used to prove the validity of a Key authentication, public key. The certificate includes the public key and informati ...

. Its enterprise key and certificate management and security products are

certificate authority In cryptography, a certificate authority or certification authority (CA) is an entity that stores, signs, and issues digital certificates. A digital certificate certifies the ownership of a public key by the named subject of the certificate. Thi ...

(CA) independent and manage security instruments such as

Transport Layer Security Transport Layer Security (TLS) is a cryptographic protocol designed to provide communications security over a computer network, such as the Internet. The protocol is widely used in applications such as email, instant messaging, and voice over ...

(TLS)

and

Secure Shell The Secure Shell Protocol (SSH Protocol) is a cryptographic network protocol for operating network services securely over an unsecured network. Its most notable applications are remote login and command-line execution. SSH was designed for ...

(SSH) keys. Jeff Hudson (current chief executive officer) replaced Rohovit in October 2010, and the company moved to Salt Lake City, UT in 2013. Venafi is headquartered in

Salt Lake City, Utah Salt Lake City, often shortened to Salt Lake or SLC, is the List of capitals in the United States, capital and List of cities and towns in Utah, most populous city of the U.S. state of Utah. It is the county seat of Salt Lake County, Utah, Salt ...

, and has offices in California and the United Kingdom. In May 2024,

CyberArk CyberArk Software Ltd. is an Israeli publicly traded information security company offering identity management. The company's technology is utilized primarily in the financial services, energy, retail, healthcare and government markets. CyberArk ...

announced the planned acquisition of Venafi from

private equity Private equity (PE) is stock in a private company that does not offer stock to the general public; instead it is offered to specialized investment funds and limited partnerships that take an active role in the management and structuring of the co ...

firm

Thoma Bravo Thoma Bravo, LP is an American private equity and growth capital firm based in Chicago, Illinois. It is known for being particularly active in acquiring enterprise software companies and has over $130billion in assets under management . It ...

for more than $1.5 billion, hoping to close the deal by the end of the year. On October 1, 2024, CyberArk announced that it had completed the transaction.

Company name

Venafi is a made-up word created by combining two Latin roots—Vena (vein or root) and Fides (trust or faith). Venafi secures the root of trust—the encryption keys and certificates.

References

{{Reflist Software companies based in Utah Computer security software companies Software companies of the United States 2000 establishments in Utah 2024 mergers and acquisitions