Colorado Companies to Watch: Symplified
Snapshot: Symplified is a cloud security company that enables organizations to centrally control and audit their employees’ use of cloud applications like salesforce.com and Google Apps, etc. The company’s identity and access management technology is delivered as a cloud service on a per-user subscription basis. It works with PCs/Macs, smartphones and tablets.
Leadership: CEO and Chairman Eric Olden founded the Boulder-based company in 2006.
Pivotal moments: In late 2006, Olden envisioned the day when companies would use multiple cloud or SaaS (Software as a Service) applications but have no centralized way to manage security for them. This led to the creation of Symplified. In 2010 the Symplified Trust Cloud was introduced. In place of an on-premise appliance, companies could run the Symplified service hosted on the global, massively scalable Amazon Web Services infrastructure. The Trust Cloud enables companies to comply with regulatory mandates that stipulate privacy data must remain within a country’s borders or a trading bloc. In 2011, Symplified extended its service to mobile devices.
Competitive Edge: Symplified provides the same identity and access management functionality that software-based companies offer for traditional applications, but also for applications from the cloud.
Innovation: Symplified’s identity and access management technologies are patent-pending. Founder Eric Olden also holds a U.S. patent for designs in Web application security systems