# Fortanix funding: rounds and investors

> Fortanix has raised $121M across 3 rounds since 2017. Investors include Neotribe Ventures, Foundation Capital and Intel Capital. Every round with its source.

Source: https://millionrounds.com/company/fortanix (Millionrounds; every figure on the page links to its filing or article)

United States · [Series C startup](https://millionrounds.com/companies)

# Who invested in *Fortanix*

3 rounds we have observed, with the 7 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Cybersecurity IT Services

Funding summary Updated 26 Oct 2026

**$121M** raised across 3 rounds since 2017, from 3 sources

**$8.0M** Series A **$23M** Series B **$90M** Series C

- **Latest round:** Series C, $90M Aug 2022
- **Step-up i:** 3.9×
- **Investors:** 7

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2018 2019 2020 2021 2022

**$8.0M** Series A

**$23M** Series B

**$90M** Series C

- **First round:** Series A, $8.0M
- **Biggest round:** $90M
- **Usual gap between rounds:** 3.5 years

[**Fortanix** Computer 1 / 12 Their pitch deck **Fortanix's pitch deck, 12 slides** Each slide read for what it argues, against the decks that raised at the same stage.](https://millionrounds.com/decks/fortanix)

## The rounds

- **Aug 2022** Series C **$90M** *4 new* *2 returning* [Intel Capital](https://millionrounds.com/fund/intel-capital) [Foundation Capital](https://millionrounds.com/fund/foundation-capital) [Neo](https://millionrounds.com/fund/neo) [Quiet Capital](https://millionrounds.com/fund/quiet-capital) [In-Q-Tel](https://millionrounds.com/fund/iqt) [Neotribe Ventures](https://millionrounds.com/fund/neotribe-ventures) Source recorded SEC filing: $82M sold, first sale Jul 2022
- **Jan 2019** Series B **$23M** *1 new* *1 returning* [Neotribe Ventures](https://millionrounds.com/fund/neotribe-ventures) Intel Capital/ Foundation Reported by FinSMEs SEC filing: $23M sold, first sale Nov 2018
- **Jun 2017** Series A **$8.0M** *2 new* [Foundation Capital](https://millionrounds.com/fund/foundation-capital) [Neotribe Ventures](https://millionrounds.com/fund/neotribe-ventures) Reported by FinSMEs SEC filing: $8.1M sold, first sale May 2017

## Founders and team

From Fortanix's own website and the SEC filings it signed: 1 founder, 11 on the team.

**Anand Kashyap** CEO and Co-founder *Named on its 2022 Form D*

- **Ambuj Kumar** CHIEF EXECUTIVE OFFICER AND SECRETARY i
- **Connie Chung** Vice President of Legal
- **Rohit Pasam** Vice President of Strategy
- **Vishal Saxena** Vice President of Engineering
- **Anuj Jaiswal** Chief Product Officer
- **Dr Jethro Beekman** Chief Technology Officer & Chief Information Security Officer
- **Patrick Conte** Chief Revenue Officer
- **Anand Balasubrahmanyan** Chief Financial Officer
- **Darren Cohen** Board Member
- **Ashu Garg** Board member
- **Sunil Kurkure** Board member

On the board, as filed i *Soumya Rajamani* *Swaroop Kolluri*

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Series A** 2017 **Series B** 2019 **Series C** 2022 [Neotribe Ventures](https://millionrounds.com/fund/neotribe-ventures) [Foundation Capital](https://millionrounds.com/fund/foundation-capital) [Intel Capital](https://millionrounds.com/fund/intel-capital) [Neo](https://millionrounds.com/fund/neo) [Quiet Capital](https://millionrounds.com/fund/quiet-capital) [In-Q-Tel](https://millionrounds.com/fund/iqt) Intel Capital/ Foundation

## Everyone who backed them

[Neotribe Ventures](https://millionrounds.com/fund/neotribe-ventures) VC firm **3** rounds

[Foundation Capital](https://millionrounds.com/fund/foundation-capital) VC firm **2** rounds

[Intel Capital](https://millionrounds.com/fund/intel-capital) Corporate VC **1** round

[Neo](https://millionrounds.com/fund/neo) Accelerator **1** round

[Quiet Capital](https://millionrounds.com/fund/quiet-capital) VC firm **1** round

[In-Q-Tel](https://millionrounds.com/fund/iqt) Accelerator **1** round

Intel Capital/ Foundation no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=fortanix).

## Quick answers about Fortanix

### Who invested in Fortanix?

Fortanix's investors include Neotribe Ventures, Foundation Capital, Intel Capital, Neo and Quiet Capital, and 2 more on record.

### How much has Fortanix raised?

Fortanix has raised $121M across 3 rounds since 2017.

### When did Fortanix last raise?

Fortanix's most recent round was a Series C of $90M in Aug 2022.

### What was Fortanix's biggest round?

Its most recent round, $90M in Aug 2022, is also its largest on record.

### Who backed Fortanix first?

Fortanix's first round on record, in Jun 2017, was backed by Foundation Capital and Neotribe Ventures.

### What stage is Fortanix at?

Fortanix's latest named round is a Series C, in Aug 2022.

### Where is Fortanix based?

Fortanix is based in the United States.

## Companies like Fortanix

In the same sector, and raised in the last eighteen months.

[**FORT Robotics** $39M · Oct 2026](https://millionrounds.com/company/fort-robotics)[**Opsin** $21M · Oct 2026](https://millionrounds.com/company/opsin)[**Chariot Claims** $23M · Oct 2026](https://millionrounds.com/company/chariot-claims)[**Harmonic Security** $68M · Oct 2026](https://millionrounds.com/company/harmonic-security)[**Reach Security** $60M · Oct 2026](https://millionrounds.com/company/reach-security)[**FlexCompute** $53M · Oct 2026](https://millionrounds.com/company/flexcompute)

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