There is another company called CipherCloud:...

There is another company called CipherCloud: https://ciphercloud.com/technology/

It appears that it is totally unrelated but I was curious by "Cipher", so I did a bit of research.

Research links:

Forrester - 10 July 2015 =>  The Future Of Data Security And Privacy: Growth And Competitive Differentiation
http://windowsitpro.com/site-files/windowsitpro.com/files/uploads/2015/08/Absolute_1001314.pdf

› Look to new solutions for cloud visibility and data protection. Gain visibility into the types of cloud services in use within the enterprise. Pull in features like encryption, anomaly detection, and cloud access governance with help from cloud data protection (CDP) vendors like Actifio, Adallom, BetterCloud, CipherCloud, CipherPoint, CloudLink, CloudLock, Digital Guardian, nCrypted Cloud, Perspecsys, Skyfence, SkyHigh Networks, Sookasa, Trend Micro, Vaultive, and Voltage Security.18


https://www.infosecurityeurope.com/__novadocuments/265604?v=636077146636270000


https://www.observatoire-fic.com/cl...r-managing-partner-business-digital-security/

----------------
CipherPoint Software


CipherPoint Software provides data-centric auditing and protection solutions for securing unstructured information
Denver, Colorado USA

https://cipherpoint.com/

----------------
CipherCloud

CipherCloud delivers data-centric security solutions for the cloud.  San Jose, California USA

https://ciphercloud.com/


CipherCloud, the leader in cloud security and governance, enables companies to adopt the cloud while ensuring data protection, compliance and control. CipherCloud delivers a comprehensive multi-cloud security platform that integrates advanced data protection, adaptive policy controls, monitoring, cloud risk analysis. The largest financial services, insurance, healthcare, telecommunication and government organizations across more than 25 countries have put their trust in CipherCloud.

CipherCloud was named by KuppingerCole as the Overall Leader in the CASB market and was named Cloud Computing Security Product of the Year by SC Magazine. CipherCloud has received investments from premier venture capital firms Andreessen Horowitz, Transamerica Ventures, Delta Partners and T-Venture, the venture capital arm of Deutsche Telekom.

------------------------------------------

CipherCloud also seems to be a company that may have some synergy with Covata's vision ?????  Several venture capitalists involved, one of them being an arm of Deutsche Telekom ... I wonder whether with all of the recent management team changes whether Covata has managed to keep some sort of ongoing long term releationship with them???

It is a competitive market space ... joing up with Microsoft, a significant global player, adds some professional and credibility weight to Covata in its business sales and potential acquisition targets.  Watch this space.