Fortanix raises $90M

Cloud data management and security company Fortanix has raised $90 million in series C funding. 

Fortanix specializes in data security for privacy-sensitive industries, such as healthcare. Fortanix's data-first approach to security allows healthcare organizations to secure data and conform to HIPAA standards, according to the Sept. 15 Fortanix news release.

The funding round was led by Goldman Sachs Asset Management. Goldman Sachs Vice President Soumya Rajamani will join Fortanix's board of directors as part of the transaction. 

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