WASHINGTON, Jan. 23, 2018 (GLOBE NEWSWIRE) -- Virtru, a trusted provider of data protection and data privacy solutions to more than 7,000 organizations, announced today that it has partnered with SoftBank Corp. (“SoftBank”), a subsidiary of SoftBank Group Corp., to bring its software to the Japanese market. SoftBank will be the first Japanese company to offer Virtru’s access control, encryption, key management, and policy enforcement capabilities to its customers.

Built on the open standard Trusted Data Format (TDF) and leveraging patented technology to streamline user experience, Virtru allows organizations to maintain complete control of sensitive information regardless of where it is created, stored, or shared. By enabling customers to easily protect regulated information and intellectual property shared inside and outside their organizations, Virtru helps meet stringent data privacy and security requirements for companies moving to the cloud.

“Virtru is SoftBank’s go-to data protection solution,” said Kunihiro Fujinaga, Vice President, Enterprise Business Strategy Division at SoftBank. “By providing Virtru to our customers, we believe we can accelerate the move to the cloud by allowing Japanese organizations to easily protect and control sensitive data no matter where it is shared.”

By enabling customers to manage access to their encryption keys and maintain exclusive control over where they are stored, Virtru provides an easy way for organizations around the world to meet data residency and other privacy requirements while using U.S.-based cloud providers like Microsoft, Google, and Amazon to share and store sensitive data.

SoftBank’s excitement represents the growing need for easier data protection options like these for international companies. Virtru will continue its global expansion throughout 2018, building on key enterprise wins in Europe, South America, and Asia Pacific.

“SoftBank and Virtru share a vision that easy-to-use data protection and access control are critical capabilities for enterprises moving to the cloud,” said John Ackerly, Chief Executive Officer at Virtru. “As we bring our products to rapidly growing markets around the world, we couldn’t imagine a better partner than SoftBank.”

Since its launch in 2015, Virtru’s unique approach to simplifying data protection has won accolades from thousands of enterprise customers, as well as leading cloud providers, industry watchers, and the media. Virtru is Google’s only recommended data protection partner for G Suite and was named a 2016 Google Partner of the Year. In 2017, the company was selected for the exclusive Microsoft Accelerator, recognizing its innovative solutions for the Office 365 market. Virtru has been recognized as one of CNBC’s ‘Upstart 25’ Startups, a Security Information Network (SINET) Innovator, and PC Mag’s Editors Choice for Email Encryption. In 2015, Fortune magazine included Co-Founder Will Ackerly on its “40 Under 40” list.

About Virtru
Virtru eliminates the tradeoff between data protection and ease of use. More than 7,000 organizations trust the Virtru Data Protection platform to easily protect and control sensitive information regardless of where it’s been created, stored or shared. Only Virtru comes with patented Secure User-First Technology, which allows users anywhere, on any device to work the way they do today—without requiring a separate log-in, user interface or application.  Virtru is privately funded with investments from Bessemer Venture Partners, New Enterprise Associates (NEA), Samsung and others.  Learn more at www.virtru.com.

About SoftBank
SoftBank Corp., a subsidiary of SoftBank Group Corp. (TOKYO:9984), provides mobile communication, fixed-line communication and Internet connection services to consumers and corporate customers in Japan. Leveraging the innovative technologies of other SoftBank Group companies, SoftBank Corp. is also expanding into AI, smart robotics, IoT, FinTech, cloud security and other sectors.