2024 Revenue
$24.9M
Funding
$14.3M
YOY
40.8%
Team
248
Founded
2016
How Fortanix CEO Anand Kashyap grew to $24.9M revenue with a 248 person team in 2024.
Fortanix is a California-based cybersecurity company that provides a confidential computing platform to protect sensitive data and applications. Their platform leverages advanced encryption and hardware security technologies, such as Intel SGX, to secure data while it is being processed. This ensures that data remains encrypted and confidential, even while it is being used in cloud environments or shared across multiple users. Fortanix's platform also provides secure key management, tokenization, and access control features, enabling organizations to protect their data throughout its lifecycle. The company serves a variety of industries, including healthcare, financial services, and government, among others. Fortanix's goal is to help organizations protect their most valuable assets by providing a secure and scalable platform for confidential computing.
Last updated
Fortanix Revenue
In 2024, Fortanix's revenue reached $24.9M. The company previously reported $24.9M in 2024. Since its launch in 2016, Fortanix has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | Fortanix Hit $24.9m revenue in November 2024Source | |
| 2024 | Fortanix Hit $24.9m revenue in October 2024 | |
| 2023 | Fortanix Hit $17.7m revenue in October 2023 | |
| 2021 | Fortanix Hit $9m revenue in April 2021 | |
| 2016 | Launched with $0 revenue |
Fortanix Valuation, Funding Rounds
Fortanix has not publicly disclosed its valuation. The company has raised $14.3M in total funding to date.
Fortanix has raised $14.3M in total funding across 1 round, with its most recent round in 2021.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|---|---|---|---|---|
| 2021 | Funding round | $14.3M | - | - |
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for Fortanix yet.
Fortanix Employees & Team Size
Fortanix employs approximately 248 people as of 2026, down from 271 in 2023, including 22 sales reps that carry a quota.
| Year | Milestone |
|---|---|
| 2024 | Reached 248 employees (December 2024) |
| 2024 | Reached 271 employees (October 2024) |
| 2023 | Reached 271 employees (October 2023) |
| 2023 | Reached 231 employees (July 2023) |
| 2022 | Reached 212 employees (October 2022) |
| 2021 | Reached 165 employees (December 2021) |
| 2021 | Reached 128 employees (August 2021) |
| 2021 | Reached 107 employees (April 2021) |
Frequently Asked Questions about Fortanix
What is Fortanix's revenue?
Fortanix generates $24.9M in revenue.
Who is the CEO of Fortanix?
The CEO of Fortanix is Anand Kashyap.
How much funding does Fortanix have?
Fortanix raised $14.3M.
How many employees does Fortanix have?
Fortanix has 248 employees.
Where is Fortanix headquarters?
Fortanix is headquartered in Santa Clara, California, United States.
Compare Fortanix to the industry
Fortanix operates across multiple industries. Browse revenue, funding, and growth data for Fortanix in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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