Venafi Explained

Venafi, Inc
Type:Private company
Foundation:October 26, 2000
Location:Salt Lake City, UT, United States
Key People:Jeff Hudson, President and CEO
Industry:Computer security, Internet security

Venafi, Inc. is a privately held cybersecurity company that develops software to secure and protect cryptographic keys and digital certificates. Its enterprise key and certificate management and security products are certificate authority (CA) independent and manage security instruments such as Transport Layer Security (TLS) digital certificates and Secure Shell (SSH) keys.

Jeff Hudson (current chief executive officer) replaced Rohovit in October 2010, and the company moved to Salt Lake City, UT in 2013.[1] Venafi is headquartered in Salt Lake City, Utah, and has offices in California and the United Kingdom.

In May 2024, CyberArk announced the planned acquisition of Venafi from private equity firm Thoma Bravo for more than $1.5 billion; the deal is expected to close by the end of 2024.[2]

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.[3]

Notes and References

  1. Web site: Venafi moves software operations to downtown Salt Lake . Salt Lake Tribune . 2013-03-05 . 2015-10-02.
  2. Web site: CyberArk Picks Up Machine Identity Manager Venafi For $1.54B . Dark Reading . 2024-05-20 . 2024-05-20.
  3. Web site: Messmer, Ellen . Garretson, Cara . amp . 10 IT Security Companies to Watch . InfoWorld.com . 2007-10-15 . 2015-09-30.