Type Private Founder Mark O'Hare | Headquarters California, United States Founded 2002 | |
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Key people Mark O'Hare,
Director, President and Chief Executive Officer Products Information assurance and data security, SPx technology, ParsedCloud software Website | ||
Security First Corp is a Rancho Santa Margarita, CA information assurance and data security company. The company holds over 250 patents for software defined data security, including its Secure Parser Extended (SPx) technology, which encrypts and randomly splits data into multiple segments, storing them in different locations. This technology is also called bitsplitting.
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History
Security First Corp was founded in 2002 by Mark O'Hare, a 26 year Navy veteran who had served as Program Executive Officer of the US Navy Aircraft Carrier Program.
In 2008, information technology company Unisys integrated Security First's Secure Parser technology into its Stealth brand software for Windows servers and desktops.
In June 2009, the company acquired Silicon Valley-based DRC Computer Corporation (DRC), a developer of acceleration coprocessors. Security First was reportedly using DRC's products for an information security appliance, and planned to operate DRC as a wholly owned subsidiary.
In August 2011, IBM announced they were integrating three of Security First's cryptographic technologies into its next generation of chips, to increase their security.
In December 2014, Security First released SPxSHARC for VMware's vCenter Server, running on VMWare's ESXi hypervisor.
In 2015, IBM announced it was using Security First's SPxBitFiler-IPS encryption technology to allow IBM's PureApplication System virtual pattern deployers to encrypt on-disk data. The technology is also licensed by IBM for its Cloud Data Encryption Service (ICDES).
Products
Security First's core product is Secure Parser Extended (SPx) technology, which encrypts data, scrambles it randomly and disperses it to different locations. The technology combines AES-256 certified encryption, multi-factor secret sharing with keyed information dispersal, and cryptographic random bit-splitting. The solution is compliant with common government and industry data protection standards and security requirements.
The company offers SPx SHARC, a security suite designed for multi-site data protection, SPx Gateway, a data protection solution designed to protect data stored across multiple cloud computing service providers, a process the company calls "Cloud Spanning", and ParsedCloud, a file transfer application that encrypts, splits and transfers data between multiple sites, available in free and fee-based versions.
Media coverage
In December 2014, former Apple CEO John Sculley was interviewed on Fox News and called Security First's bitsplitting technology a "gamechanger".
Funding
In a December 2014 SEC filing, the company announced it had raised $29 Million from sales of debt and equity, from undisclosed investors. In an April 2016 SEC filing, the company announced it had raised an additional $36 Million from sales of debt and equity, also from undisclosed investors.
Subsidiaries
The company operates DRC Computer corporation as a wholly owned subsidiary.