Venafi
Venafi is a cybersecurity company that pioneered the machine identity management category, providing a platform to discover, automate, and orchestrate the lifecycle of TLS certificates, SSH keys, code-signing certificates, and other cryptographic machine identities across on-premises, cloud, container, and Kubernetes environments. Founded in 2004 and headquartered in Salt Lake City, Utah, Venafi serves Global 5000 enterprises across finance, manufacturing, technology, energy, retail, and healthcare. In December 2020, Thoma Bravo took a controlling stake at an approximately $1.15B valuation, and in October 2024 CyberArk completed its acquisition of Venafi from Thoma Bravo for approximately $1.54B, integrating Venafi into CyberArk's identity security platform.
Acquired
Venafi has been acquired
This company is no longer available on our private secondary market.
Overview
Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Founded
2004
Employees
201–500
Total Funding
$190M
3 rounds
Latest Valuation
$1.54B
November 29, 2018
Funding
Total raised $190M across 3 rounds
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Last updated 05-19-2026
Latest Round
Type
Series D
Date
November 29, 2018
Amount
$100M
Valuation
—
Lead Investors
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| November 29, 2018 | Series D | $100M | — | TCV |
| June 30, 2015 | Series C | $39M | — | QuestMark Partners, Silver Lake Waterman, Intel Capital |
| August 30, 2006 | Series B | $5M | — | Foundation Capital |
Prominent Investors
Leadership
Jeff Hudson
CEO (Emeritus, post-acquisition)
Kevin Bocek
Chief Innovation Officer
Francois Delepine
Chief Financial Officer
Peter Bartok
Chief Technology Officer
Melissa Keohane
Chief Legal and People Officer
Elizabeth Ireland
Chief Marketing Officer
Brad Stratton
Chief Revenue Officer
Competitors
Competitor list is illustrative and may be incomplete, stale, or erroneous.
Keyfactor
Private machine identity management and PKI-as-a-Service vendor; the most direct head-to-head competitor to Venafi, particularly in mid-market enterprise certificate lifecycle management.
DigiCert
Leading public CA and digital trust vendor offering DigiCert Trust Lifecycle Manager, which competes with Venafi for enterprise certificate issuance and lifecycle automation.
Sectigo
Public CA and certificate management vendor (Sectigo Certificate Manager) competing with Venafi for integrated CA + lifecycle management deployments.
AppViewX
Private CLM/PKI automation vendor (AVX ONE) competing with Venafi in multi-cloud certificate lifecycle and network automation workflows.
Entrust
Private digital security vendor offering certificate services and PKI that competes with Venafi for enterprise machine identity and TLS lifecycle workloads.
GlobalSign
CA and certificate automation vendor offering Atlas certificate lifecycle management; competes with Venafi for PKI and TLS automation deployments.
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