Venafi Explained

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, hoping to close the deal by the end of the year.^[2] On October 1, 2024, CyberArk announced that it had completed the transaction.^[3]

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.^[4]

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: CyberArk Completes Acquisition of Machine Identity Management Leader Venafi. CyberArk. 2024-11-04. en.
4. Web site: Messmer, Ellen . Garretson, Cara . amp . 10 IT Security Companies to Watch . InfoWorld.com . 2007-10-15 . 2015-09-30.