When was Covertix founded?

Covertix was founded in 2006 and raised its 1st funding round 4 years after it was founded.

Where is Covertix located?

Covertix is headquartered in Kfar Saba, Israel.

Is Covertix a funded company?

Covertix is a funded company, having raised a total of $4.25M across 4 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Sep 01, 2010.

When was the latest funding round of Covertix?

Covertix's latest funding was a $***** Series A round on Jul 22, 2014, with participation from 2 investors. Its primary sector is Cybersecurity. In Israel, the Cybersecurity sector has seen $1.18B in funding in 2026 to date.

Where does Covertix rank among its competitors?

Covertix ranks 125th amongst 595 active competitors, of which 57 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Coro Cybersecurity, which secured $100M in Mar, 2024.

Who are the top competitors of Covertix?

Covertix's top competitors include Cisco, Rapid7 and Imperva. Among them, Coro Cybersecurity secured the most recent funding round in March, 2024.

Covertix - 2026 Company Profile, Team, Funding & Competitors

Covertix is an acqui-hired company based in Kfar Saba (Israel), founded in 2006 by Tzach Kaufmann. It operates as a Provides cybersecurity suite solutions. Covertix has raised $4.25M in funding from Kima Ventures. The company has 595 active competitors, including 57 funded and 47 that have exited. Its top competitors include companies like Cisco, Rapid7 and Imperva.

Company Details

Provides cybersecurity suite solutions and its patented enterprise file security software protects confidential documents and sensitive data, automatically and continuously, traveling with the file inside and outside the organization. Their SmartCipher solutions provide noninvasive file control and protection while allowing organizations to use their preferred collaboration platforms, cloud storage, and business processes.

Website: covertix.com
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Key Metrics

Founded Year

2006

Location

Kfar Saba, Israel

Stage

Acqui-Hired

Total Funding

$4.25M in 4 rounds

Latest Funding Round

Series A, Jul 22, 2014, $*****

Investors

Kima Ventures & 9 more

Ranked

125^th among 595 active competitors

Similar Companies

Cisco & 648 more

View Covertix's full profile

Covertix has raised a total funding of $4.25M over 4 rounds. Its first funding round was on Sep 01, 2010. Its latest funding round was a Series A round on Jul 22, 2014 for $*****. 2 investors participated in its latest round. Covertix has 8 institutional investors and 2 angel investors.

Here is the list of recent funding rounds of Covertix:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 22, 2014	1539074	Series A	8384166	5138251	3728438	6158116
Jan 30, 2012	9324561	Seed	3002051	7684623	9146245	Comsec Innovation
Jan 12, 2011	2582060	Angel	3856516	6628446	Kima Ventures	Maayan Ventures & 2 more

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View details of Covertix's funding rounds and investors

The founders of Covertix is Tzach Kaufmann.

Here are the details of Covertix's key team members:

Tzach Kaufmann: CPO and Founder of Covertix.

View details of Covertix's Founder profiles and Board Members

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Top competitors of Covertix include Cisco, Rapid7 and Imperva. Here is the list of Top 10 competitors of Covertix, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Cisco 1984, San Jose (United States), Public	Provider of AI infrastructure, secure networking, and software solutions	$2.5M	Western Technology Investment, Greyrock Investments ... & 34 others	83/100
2nd	Rapid7 2000, Boston (United States), Public	Provider of cybersecurity solutions for exposure management, threat intelligence, and response	$92.3M	Bain Capital Ventures, Stock Capital Banker ... & 4 others	77/100
3rd	Imperva 2002, Redwood City (United States), Acquired	Provider of application and data security solutions for threat protection	$54M	Meritech, Sprout Capital Partners & 6 others	77/100
4th	Bitdefender 2001, Bucharest (Romania), Series B	Provider of cybersecurity software, threat intelligence, and managed security services	$7M	Vitruvian Partners, Axxess Capital & 1 others	73/100
5th	Barracuda 2003, Campbell (United States), Acquired	Cloud based network firewall solution for enterprise web and email	$176M	Francisco Partners, Sequoia Capital & 6 others	73/100
6th	ZeroFOX 2013, Baltimore (United States), Acquired	Provider of digital risk protection, threat intelligence, and attack surface management	$154M	Redline Capital Management, SVB & 12 others	72/100
7th	Coro Cybersecurity 2014, Chicago (United States), Series D	Threat detection and prevention solution over wifi and cellular networks	$275M	Balderton Capital, JVP & 8 others	72/100
8th	Quest Software 1987, Aliso Viejo (United States), Acquired	Provider of data management, cybersecurity, and platform modernization solutions for enterprises	$11.5M	Fisher Lynch Capital, WILsquare Capital & 3 others	72/100
9th	Dell Technologies 1998, Round Rock (United States), Funding Raised	Provider of a suite of cyber security solutions	-	Silver Lake, Temasek & 1 others	70/100
10th	Sophos 1985, Abingdon (United Kingdom), Acquired	Provider of enterprise security suite for network and endpoint security	$4.61M	Investcorp, TA Associates & 4 others	70/100
125th	Covertix 2006, Kfar Saba (Israel), Acqui-Hired	Provides cybersecurity suite solutions	$4.25M	Kima Ventures, OurCrowd & 8 others	29/100