[3] In summer 2013, the company raised $18.5 million in an oversubscribed C round with investments from Intel Capital, In-Q-Tel, Carahsoft, Fortinet, and previous investors.

[7][8] Before HyTrust, both Chiu and Budko worked for Cemaphore Systems – a company specializing in disaster recovery for Microsoft Exchange.

[5] HyTrust's products are based on the company's patented intelligent security control system for virtualized ecosystems.

The company also provides private cloud,[2] logging, active directory, root access, two-factor authentication, VI segmentation, host hardening, multi-tenant policy enforcement, secondary approval services, encryption, and key management[2] and advises organizations on how to manage their virtualized and cloud computing environments.

The technology lets companies set policies to control access to cloud and virtualized IT where data can be stored.