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Top 36 Encryption Software Companies With $1M–$5M Revenue (September 2026)

As of September 2026, Latka tracks 36 encryption software companies with $1M–$5M in annual revenue. They have combined revenues of $86.1M and employ 912 people. They have raised $124.6M and serve 254.1K customers combined.

Every company below sells encryption software to other businesses and is ranked by its most recent annual revenue. Revenue, funding, headcount and customer figures come from CEO interviews on the Latka podcast, public company filings, and Latka estimates where a company has not disclosed a number.

What Encryption Software Companies do

Encryption software is designed to protect sensitive data by converting information into an unreadable format, accessible only to authorized users. This type of software is crucial for maintaining data confidentiality and integrity across various industries, particularly in sectors that handle personal information, financial data, or proprietary research. Typical use cases include securing files on local drives, encrypting data during transmission, and maintaining privacy in cloud storage solutions. Key features of encryption software often include file and folder encryption, disk encryption, and support for various encryption algorithms such as symmetric and asymmetric encryption. Users typically include IT professionals, cybersecurity specialists, and compliance officers who require reliable solutions to meet regulations regarding data protection. Overall, encryption software is a vital tool for organizations seeking to mitigate risks associated with data breaches and unauthorized access.

Companies
36
Revenue
$86.1M
Funding
$124.6M
Employees
912

Filters

Sorting: Highest -> Lowest

Filters

Top Encryption Software Companies With $1M–$5M Revenue

Showing 10 of 36 companies ranked by annual revenue.

1Digify logo
Digify

Singapore, Singapore, Singapore

Digify allows companies to protect and keep control of confidential documents. It is a cloud-based document security service with built-in encryption, digital rights management, file tracking and virtual data room capabilities. Digify is the winner of multiple international awards including the leading security competition RSA Innovation Sandbox. It has been featured in over 60+ press articles around the world.

Revenue
$5M
Customers
250K
Year founded
2011
Team size
45
Growth
60.77%
3Racktop Systems logo
Racktop Systems

Fulton, Maryland, United States

Developer of a software-defined storage platform designed to solve the most difficult data and security problems. The company's platform fuses data storage with advanced security and compliance into a single platform with embedded access controls, encryption and compliance, enabling government and commercial organizations to protect data where it resides without the cost, complexity and security vulnerabilities of traditional bolt-on software systems.

Revenue
$3.5M
Year founded
2010
Funding
$15.8M
Team size
59
4Tixeo logo
Tixeo

United States

The confidentiality of your online communications is your priority, it's ours too. Founded in Montpellier 20 years ago, Tixeo secures collaboration in the constrained environments of critical organisations. With its sovereign and Secure by Design technology, the European leader in secure video conferencing ensures your independence and cyber-resilience. On a day-to-day basis, its 100% teleworking teams are driven by two strong values: trust and innovation. Thanks to their collaborative work environment and a corporate culture that fosters authenticity and cohesion, Tixeo employees mobilise their expertise and commit together to meet the most stringent requirements of strategic customers. 🤝 They trust Tixeo: KMBS, Naval Group, Dassault Aviation, Orange, Afnor, Aéroport de Bordeaux, SOGETI, AMF, Enedis... - To protect their sensitive information (Restricted, IGI 1300 classified, etc.), - To guarantee the continuity of out-of-band exchanges in the event of a crisis or cyber failure, - To facilitate and secure remote collaboration and improve productivity. The only secure videoconferencing solution to be certified and qualified by ANSSI, for 7 consecutive years, Tixeo is also : ✅ 100% RGPD compliant: https://www.tixeo.com/wp-content/uploads/2022/12/TX_MKTG_tixeo-GDPR-guide-EN.pdf 🇫🇷 Member of Hexatrust and labelled France Cybersecurity 🔒 Member of the Alliance for Digital Confidence (ACN) 🇪🇺 Cybersecurity Made in Europe accredited 🛡 Partner to 30% of Europe's largest defence companies 🪖 Holder of the "Used by the French Armed Forces" label ✈️ Member of the French Land and Air Defence and Security Industries Group (GICAT)

Revenue
$3.4M
Year founded
2003
Team size
31
5Baffle, Inc. logo
Baffle, Inc.

Santa Clara, California, United States

Developer of a data protection platform intended to make data breaches irrelevant by keeping data encrypted from production through processing. The company's platform offers a comprehensive data protection capability that unifies enhanced data access monitoring and access control with end-to-end encryption and it also employs an AES 256-bit encryption method, enabling clients to securely compute cloud applications and integrate at the SQL layer as a gatekeeper to constrain how applications access sensitive data and help thwart attacks that were the causes of the high profile data breaches.

Revenue
$3.3M
Year founded
2015
Funding
$35.5M
Team size
61
6GroupSense logo
GroupSense

Arlington, Virginia, United States

Developer of privacy file systems designed to secure cloud data. The company's privacy file systems uses encryption of data to protect users' data from hackers, surveillance, advertisers and misuse and also safeguards against cloud failures, enabling enterprises and individuals to maintain data integrity and confidentiality in the cloud.

Revenue
$3.3M
Year founded
2014
Funding
$1.2M
Team size
39
7CANDY HOUSE, Inc. logo
CANDY HOUSE, Inc.

Palo Alto, California, United States

Manufacturer of robotic home appliances designed to be used as a remote door lock. The company's robotic home appliances offer a robotic device which can be operated through a mobile application, enabling users to use such a security system which has remote knock, auto unlock and lock system, a feature of sharing access, long battery life, notification system and it is military grade encrypted.

Revenue
$3M
Year founded
2015
Team size
11
8Ubiq Security logo
Ubiq Security

San Diego, California, United States

Simplifying encryption for developers through APIs.

Revenue
$3M
Year founded
2019
Funding
$6.4M
Team size
23
9Paytweak logo
Paytweak

Paris, France

Developer of a payment securing application designed to facilitate and secure online payments through emails and SMS. The company's platform offers universal secure payment links that convert hypertext links into digital payment channels while making emails and SMS encrypted, enabling professionals, companies and local authorities to trigger secure payments by credit card in one click from an email or SMS and receive funds directly from the bank account without delay, without intermediaries or commissions pay.

Revenue
$2.9M
Year founded
2015
Funding
$2.1M
Team size
18
10DUST Identity logo
DUST Identity

Newton, Massachusetts, United States

Developer of technology designed to create an unclonable identity layer on any object. The company's technology leverages the inherent randomness in nanoscale systems to generate large, unique cryptographic keys for challenge-response protocols in a small footprint that can be applied to any surface, providing clients with trusted physical identity for things.

Revenue
$2.9M
Year founded
2007
Funding
$12.3M
Team size
34

Frequently asked questions about Encryption Software Companies With $1M–$5M Revenue

How many encryption software companies with $1M–$5M in annual revenue are there?

Latka tracks 36 encryption software companies with $1M–$5M in annual revenue. Together they generate $86.1M in annual revenue and employ 912 people.

Which encryption software company with $1M–$5M in annual revenue is the largest?

Digify is the largest, with $5M in annual revenue, founded in 2011.

How much revenue does a typical encryption software company with $1M–$5M in annual revenue make?

The average encryption software company in this list makes $2.4M a year, across 36 companies with reported revenue. They serve 254.1K customers combined.

Who are the leading Encryption software vendors with $1M–$5M in annual revenue?

Ranked by annual revenue, the leaders are Digify, SideChannel, formerly CipherLoc, Racktop Systems, Tixeo and Baffle, Inc..

How much funding have encryption software companies with $1M–$5M in annual revenue raised?

The 36 encryption software companies with $1M–$5M in annual revenue tracked here have raised $124.6M in disclosed funding between them.

Related Security Software categories

Inclusion Criteria

- Must provide mechanisms to encrypt various types of data, including files, disks, and databases. - Should include user access controls to manage permissions on encrypted data. - Must comply with industry standards and regulations related to data protection. - Should support various encryption algorithms to meet diverse security needs. - Not just a data storage solution; must actively encrypt and manage data in transit.