Press Release

Enterprise Security Expert Steve Coplan Joins Vaultive

Appointed as Senior Director of Marketing and Strategy for Growing Cloud Data Encryption Provider

New York, NY – October 16, 2012Vaultive, a provider of cloud data encryption solutions designed to  maintain the control, security and compliance of data processed by cloud-based services,  today announced that Steve Coplan has joined the company as senior director of marketing and strategy. Coplan brings over a decade of information security expertise and experience to Vaultive, both in industry analysis and product marketing. Prior to Vaultive, Coplan served as a research manager within 451 Research’s Enterprise Security Practice, providing in-depth, timely perspectives on the state of enterprise security and emerging trends, with a particular focus on the security implications of enterprise adoption of cloud computing. In addition to producing primary research on trends in cloud security and encryption, Coplan delivered strategic advisory services to end-users, investors and vendors to guide informed technology strategy and investment decisions.

“Steve Coplan is well respected in the enterprise security industry and we are pleased to apply his extensive knowledge and expertise to the marketing and strategic initiatives of Vaultive,” said Elad Yoran, CEO, Vaultive. “We are confident that the addition of Coplan will be an important element in making the deployment of Vaultive cloud data encryption solutions an IT best practice for any organization looking to safely move enterprise data to the cloud.”

In his role, Coplan will convey the vision and value of Vaultive’s cloud data control and encryption platform to organizations looking to realize the benefits of cloud computing while ensuring control of their data processed by third-party services.  He will work closely with Vaultive’s executive team, customers, partners, industry-influencers and the broader cloud security and governance community.

Coplan joined 451 Research at its inception in April 2000, serving as both director of M&A and network and security research. After serving as director of product marketing at Whale Communications, a secure remote-access vendor acquired by Microsoft in 2006, Coplan later rejoined 451 Research. During his stint at Whale, he was responsible for implementing the product marketing strategy for a corporate repositioning, and also worked on post-acquisition strategy.

“My career has long been motivated by my enthusiasm for innovation and I was intrigued by the unique value that Vaultive is adding to the process of cloud data encryption,” said Coplan. “Given the far-reaching implications of what Vaultive’s technology will do to enable widespread enterprise cloud adoption and revolutionize the way organizations are migrating to the cloud, it is exciting for me to be a part of the team and to help further develop its market strategy.”

Vaultive’s enterprise-grade cloud data encryption solutions enable customers to encrypt data-at-rest, data-in-transit and data-in-use in the cloud in a format that can be searched, sorted and indexed, while enterprise IT retains control of the encryption keys. This addresses the four principal business challenges that organizations face when migrating data to the cloud: data security, regulatory compliance, unauthorized data disclosure and access, and international privacy/ data residency regulations.

About Vaultive

Vaultive is a provider of cloud data encryption solutions designed to maintain the control, security and compliance of data processed by cloud-based services. Vaultive’s patent-pending form of 256-bit AES encryption encrypts data-at-rest, data-in-transit and data-in-use in a format that can be searched, sorted and indexed — while enterprise IT retains control of the encryption keys. This addresses the principal business challenges of migrating data to the cloud including data security, regulatory compliance, unauthorized data disclosure and access, and international privacy/ data residency regulations. Optimized for Microsoft® Office 365 and Hosted Exchange, the Vaultive platform supports best practices for the control and ownership of corporate data in the cloud. Vaultive has raised more than $10 million from leading venture capital firms .406 Ventures, New Science Partners, Harmony Partners and Security Growth Partners.

For more information, visit www.vaultive.com.

For additional information, contact:

Jill Colna or Jordan Bouclin
SVM Public Relations
401-490-9700

jordan.bouclin@svmpr.com
jill.colna@svmpr.com