StorMagic Introduces the Lowest Cost Multi-Cloud Encryption Key Management System on the Market

SvKMS Now Offered as Three Solutions to meet Entry, Mid-Tier and Enterprise Requirements

BRISTOL, England – 11 May, 2021StorMagic®, simplifying storage and security from the edge to the core, announced today the launch of three tiers for its SvKMS encryption key management solution, including a new pricing model. SvKMS Enterprise includes full features and advanced functionality for on premises or cloud-based encryption key management. SvKMS Professional mid-tier and Essentials entry level offerings introduce more feature set and price options for customers that have simple or limited use cases.
About the three tiers of StorMagic SvKMS:

  • SvKMS Essentials Edition is the lowest cost multi-cloud key management solution on the market today. It is a software-as-a-service (SaaS) solution for IT and security administrators at smaller companies who want to take advantage of built-in encryption for a limited number of use cases or those who require only a few keys. Essentials is hosted in the StorMagic Cloud as StorMagic KMaaS.
  • SvKMS Professional Edition is ideal for IT and security administrators who need a key manager for a limited number of encryption use cases today, which might expand as time goes on. This option was built to grow with the organization as needs change, and can be run on premises or in the cloud through StorMagic KMaaS.
  • SvKMS Enterprise Edition was designed for security professionals at medium-to-large organizations that have multiple encryption use cases and require a significant number of keys. It can run on premises or in the cloud through StorMagic key-management-as-a-service (KMaaS).

“Some customers’ data continues to be a security risk simply because encryption key management can be too expensive,” said Bruce Kornfeld, chief marketing and product officer, StorMagic. “The goal of the new SvKMS tiers is to make encryption and key management affordable for customers of all sizes and budgets.”

SvKMS 2.6 is the latest version of StorMagic’s encryption key management software. It includes new integrations with IBM Informix, Nutanix AHV hypervisor and the nCipher 6000+ HSM series. It also includes an updated user interface that creates a wizard-like experience when customers login for the first time.

Pricing and Availability
SvKMS Essentials Editions pricing begins at just $995 per year. Professional Edition starts at $5,000 and Enterprise Edition begins at $9,500.

 

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About StorMagic
StorMagic is making the complex simple for edge computing environments and leading the industry in bringing the edge to the core. Our storage and security products are flexible, robust, easy to use and cost-effective, without sacrificing enterprise-class features, for organizations with one to thousands of sites. SvSAN is a highly available two-node virtual SAN designed for hyperconverged edge and small datacenter sites. SvKMS is an encryption key manager for edge, datacenter and cloud. StorMagic customers around the world have deployed our solutions in thousands of sites to store, protect and use edge data and significantly lower costs. Visit www.stormagic.com.

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Media Contact:
Zoe Cushman
[email protected]
(617) 874-5201

All product and company names herein may be trademarks of their registered owners.

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