Ionic Security (acquired by Twilio)

Ionic Security, based in Atlanta, Georgia, is a cybersecurity company that specializes in data protection and control. Founded in 2011, it was acquired by Twilio in April 2021 for $30.2 million. The company focuses on scalable data security solutions for enterprises, having raised $189.5 million in funding prior to its acquisition. The flagship product, Machina™, is a comprehensive platform that offers data access policy management, encryption key management, and real-time policy enforcement. Key features include data visibility and control across various environments, secure encryption key management, insider threat detection, and cross-platform protection for different types of data. Ionic Security's solutions are designed for enterprises, particularly in sectors that handle sensitive information, such as finance, healthcare, and technology. As part of Twilio, Ionic Security enhances the security offerings for API-driven communication tools.