OurCrowd portfolio company Covertix has placed no. 77 out of 500 of the world’s hottest IT security vendors. Compiled by market intelligence outfit Cybersecurity Ventures, the first edition of Cybersecurity500 was featured on UK technology channel on essential news and information for VARs, integrators, MSPs, and converged resellers, CRN. Covertix’s patented enterprise file security software protects confidential documents and sensitive data, automatically and continuously, traveling with the file inside and outside the organization.

Vendors were ranked based on a range of subjective factors, including feedback from CISOs and channel partners, media coverage and founder and management pedigree.

Covertix raised $730,004 from OurCrowd investors in March 2014.

Read more on CRN here.