CISO Tribune

Vendor comparison · 2 companies

Fortanix vs PQShield

Fortanix sells the Fortanix Data and AI Security Platform, which protects data, AI models, keys and applications while they are in use, and is built on Confidential Computing. PQShield is a cybersecurity company specialising in post-quantum cryptography. CISO Tribune files both under Encryption, tokenization and key management and Post-quantum cryptography. This page sets the two records side by side: what each sells, where it is based, who owns and funds it, the customers it names and its recent news, each fact numbered to its source.

Change the companies

Up to four companies side by side.

  • Fortanix
  • PQShield
Fortanix vs PQShield: Products, Customers and Funding Compared
FortanixFortanix sells the Fortanix Data and AI Security Platform, which protects data, AI models, keys and applications while they are in use, and is built on Confidential Computing.fortanix.comPQShieldPQShield is a cybersecurity company specialising in post-quantum cryptography.pqshield.com
What it sells
  • DSM SaaS[5]Provides key management and cryptography service across public, private, hybrid or multicloud environments.
  • Runtime Encryption[3][4]Protects applications and data in use inside a trusted execution environment.
  • Key Insight[6]A key management and inventory tool for multicloud and on-premises environments.
  • PQMicroLib-Core[1][10]A library designed with flexibility and configurability in mind.
  • PQCryptoLib-Core[1][10]A general-purpose cryptographic library for a wide variety of applications.
  • PQCryptoLib-SDK[1][10]A plug-and-play tool for moving OpenSSL-based applications to quantum resilience.
  • PQPlatform-CoPro[1][10]A cryptographic coprocessor that adds post-quantum capabilities to an existing security subsystem.
  • PQPlatform-TrustSys[1][5][10]A PQC-focused Root-of-Trust security solution.
  • PQPerform-Flare[10]A hardware-based PQC product designed for high throughput and low latency.
  • PQPerform-Inferno[1][10]A scalable hardware solution built on the PQPerform-Flare architecture.
  • PQPerform-Flex[10]PQPerform-Inferno combined with a RISC-V processor as a complete subsystem.
Categories
Headquarters
Santa Clara, United States[2]United Kingdom[2][3]
Founded
Not stated on its pagesNot stated on its pages
Ownership and funding
Not stated on its pagesPrivately held[9]
Named customers
Not stated on its pagesNot stated on its pages
Recent news
  • October 19, 2026Fortanix announced support for CNCF Confidential Containers in Fortanix Confidential AI, letting organizations run AI workloads on Kubernetes inside hardware-based trusted execution environments.[11]
Not stated on its pages
G2 and Gartner Peer Insights
  • G2: Not stated on its pages
  • Gartner Peer Insights: Not stated on its pages
  • G2: Not stated on its pages
  • Gartner Peer Insights: Not stated on its pages
Who it fits
From its own pages, Fortanix sells mainly to organizations with sensitive workloads that run in untrusted environments such as the public cloud and remote clouds. Fortanix says it serves financial organizations and their ICT providers. Fortanix says it gives healthcare organizations the ability to protect e-PHI and the intellectual property in AI algorithms even on untrusted infrastructure. Fortanix says customers can deploy as SaaS, on-premises, or air-gapped, and that it supports regulated industries. Fortanix walks through real-world use cases in fintech, retail and transportation.Not written yet
Last verified
September 27, 2026November 2, 2026

Where they overlap

  • Fortanix and PQShield are both filed under Encryption, tokenization and key management and Post-quantum cryptography.

Where they differ, field by field

  • Fortanix's primary category is Encryption, tokenization and key management; PQShield's is Post-quantum cryptography.
  • Fortanix lists DSM SaaS, Runtime Encryption and Key Insight. PQShield lists PQMicroLib-Core, PQCryptoLib-Core, PQCryptoLib-SDK, PQPlatform-CoPro, PQPlatform-TrustSys and 3 more.
  • Fortanix is headquartered in Santa Clara, United States. PQShield is headquartered in United Kingdom.
  • PQShield is privately held.

What it sells: Fortanix

What DSM SaaS does[5]
Provides secure key management and cryptography service across public, private, hybrid or multicloud environments. Simplifies provisioning and control of encryption keys.
What Runtime Encryption does[3][4]
Includes an EnclaveOS that transparently protects applications without requiring modifications. Protects containerized applications during runtime from host-level attacks.
What Key Insight does[6]
A key management and inventory tool that provides visibility and simplifies security controls across multicloud and on-premises environments. Fortanix proposes it to address complex encryption and key management challenges.

What it sells: PQShield

What PQMicroLib-Core does[1][10]
PQMicroLib-Core is a library designed with flexibility and configurability in mind. A CAVP-Ready version of PQCryptoLib-Core is tailored for embedded systems, small footprint solutions and memory constrained devices.
What PQCryptoLib-Core does[1][10]
PQCryptoLib-Core is a FIPS 140-3 CMVP Certified / CAVP Compliant general-purpose cryptographic library designed for a wide variety of applications. PQCryptoLib-Core is configurable by a secure API.
What PQCryptoLib-SDK does[1][10]
PQCryptoLib-SDK is a plug-and-play tool that helps to transition OpenSSL-based applications to quantum resilience. Software implementations of PQC algorithms are supplied via an OpenSSL provider, including ML-DSA, Falcon, ML-KEM and hybrid PQ/T schemes for TLS.
What PQPerform-Flare does[10]
PQPerform-Flare is a hardware-based FIPS 140-3 CAVP-certified product designed for high throughput and low latency PQC. PQPerform-Flare supports ML-DSA (FIPS 204) and ML-KEM (FIPS 203) and is optimized for TLS.
What PQPerform-Inferno does[1][10]
PQPerform-Inferno is a scalable hardware solution. Building on the architecture of PQPerform-Flare, Inferno integrates multiple instances with load balancing, and can deliver over 1 million key encapsulations per second.

Questions about Fortanix and PQShield

What do Fortanix and PQShield sell?
Fortanix sells DSM SaaS, Runtime Encryption and Key Insight. PQShield sells PQMicroLib-Core, PQCryptoLib-Core, PQCryptoLib-SDK, PQPlatform-CoPro, PQPlatform-TrustSys and 3 more.
Are Fortanix and PQShield in the same category?
They share Encryption, tokenization and key management and Post-quantum cryptography. Fortanix's primary category is Encryption, tokenization and key management and PQShield's is Post-quantum cryptography.
Where are Fortanix and PQShield headquartered?
Fortanix is headquartered in Santa Clara, United States. PQShield is headquartered in United Kingdom.
Who owns Fortanix and PQShield?
PQShield is privately held.
Who are Fortanix and PQShield sold to?
From its own pages, Fortanix sells mainly to organizations with sensitive workloads that run in untrusted environments such as the public cloud and remote clouds.
What have Fortanix and PQShield announced recently?
October 19, 2026: Fortanix announced support for CNCF Confidential Containers in Fortanix Confidential AI, letting organizations run AI workloads on Kubernetes inside hardware-based trusted execution environments.

About Fortanix

Fortanix sells the Fortanix Data and AI Security Platform, which protects data, AI models, keys and applications while they are in use, and is built on Confidential Computing. Fortanix describes the problem this way: data, AI models and applications must be decrypted in memory to run, which leaves sensitive information and proprietary IP open to admins, operators and compromised hosts. Fortanix says it pioneered Confidential Computing in 2016.[3]

Fortanix says its unified platform covers protecting data and AI in use and preparing for quantum threats. Fortanix says it brings Key Management, Confidential AI and Post-Quantum Readiness together in one platform. Fortanix describes Confidential Computing as running data and applications in secure enclaves that isolate the data and code to prevent unauthorized access, even when the compute infrastructure is compromised. Fortanix says customers can keep data and keys under their own jurisdiction in any cloud and hold their own keys.[1][3]

Fortanix Runtime Encryption uses Intel SGX to enable general purpose computation on encrypted data without ever exposing plaintext application code or data. Fortanix says Runtime Encryption includes an EnclaveOS that transparently protects applications without requiring modifications. Fortanix lists databases, web servers, build servers, directory servers and key management among the applications available protected out of the box. Fortanix Runtime Encryption protects containerized applications during runtime from host-level attacks. Fortanix Runtime Encryption provides a security framework to ensure that sensitive data remains protected even when in use. Fortanix says Runtime Encryption allows organizations with sensitive workloads to operate in untrusted environments such as the public cloud and remote clouds.[4]

On key management, Fortanix says encryption keys can be stored in a natively integrated FIPS 140-2 level 3 certified HSM, available on-premises or SaaS. Fortanix says DSM SaaS provides secure key management and cryptography service across public, private, hybrid or multicloud environments. Fortanix says it can encrypt data across databases, virtual machines, filesystems, and multi-cloud. Fortanix offers data tokenization, which replaces sensitive data to prevent data exposure. Fortanix proposes Key Insight as a key management and inventory tool that provides visibility and simplifies security controls across multicloud and on-premises environments.[5][6]

Fortanix addresses quantum risk by helping customers find vulnerable cryptography, prioritize the risk, and migrate to NIST post-quantum algorithms with crypto agility built in. Fortanix says this is meant to stay ahead of harvest-now, decrypt-later attacks that target the data and AI customers protect today. Fortanix describes an approach to HSM modernization that removes legacy HSMs from service as they reach the end of their useful life.[3][7]

Fortanix says customers can deploy as SaaS, on-premises, or air-gapped. Fortanix says its platform helps customers meet GDPR, HIPAA, PCI DSS and DORA, with FIPS-validated key protection, centralized audit trails, and cryptographic attestation. Fortanix says its unified platform enables financial organizations and their ICT providers to identify at-risk services, prioritize remediation efforts, and safeguard sensitive data across all layers and systems. Fortanix says that, as data flows between different clouds and datacenters, it is critical to apply zero trust security at the data layer by using encryption. Fortanix describes how to implement the data pillar recommendations of the Zero Trust Maturity Model from the US Cybersecurity and Infrastructure Security Agency (CISA).[3][5][8]

A healthcare example Fortanix describes is BeeKeeperAI, which was created at the University of California, San Francisco (UCSF), Center for Digital Health Innovation (CDHI), and accelerates the development and deployment of artificial intelligence (AI) algorithms in healthcare. Fortanix says its Confidential Computing technology, combined with data at rest protection, lets healthcare organizations protect e-PHI and the intellectual property in AI algorithms, even on untrusted infrastructure. Fortanix says it makes it possible to enroll computing resources, in the cloud or on-premises, and deploy existing applications within a secure TEE in minutes.[1][3][5][9][10]

Fortanix on the record

Sources

Fortanix full record

  1. [1]fortanix.comFortanix · fortanix.com · undated page, accessed September 27, 2026 · Tier A
  2. [2]Fortanix and site partner to deliver multicloud saas data security offering to saudi arabian marketFortanix · fortanix.com · published July 1, 2023 · Tier A
  3. [3]Securing Data in an AI worldFortanix · undated page, accessed October 24, 2026 · Tier A
  4. [4]Runtime EncryptionFortanix · undated page, accessed November 5, 2026 · Tier A
  5. [5]SOX Security | Solutions | ComplianceFortanix · undated page, accessed November 5, 2026 · Tier A
  6. [6]CustomersFortanix · undated page, accessed November 5, 2026 · Tier A
  7. [7]HSM Modernization: Simplifying data security | WhitePaperFortanix · undated page, accessed November 5, 2026 · Tier A
  8. [8]Applying Zero Trust Principles to Data Security | WhitepaperFortanix · undated page, accessed November 5, 2026 · Tier A
  9. [9]BeeKeeperAI Case StudyFortanix · undated page, accessed November 5, 2026 · Tier A
  10. [10]Data Security-as-a-Service: Easier Security & ComplianceFortanix · undated page, accessed November 5, 2026 · Tier A
  11. [11]Fortanix Announces Confidential AI for Enterprise Grade Kubernetes Workloads on CNCF® Confidential Containers (CoCo)Business Wire · published October 19, 2026 · Tier A

PQShield full record

  1. [1]pqshield.comPQShield · pqshield.com · undated page, accessed September 27, 2026 · Tier A
  2. [2]Pqshield raises 37m in series b funding to deliver the widespread commercial adoption of quantum resistant cryptography 302175607PQShield via PR Newswire · prnewswire.com · published June 20, 2024 · Tier A
  3. [3]PQShield and Kudelski Security Partner to Address Quantum Threat | PQShieldPQShield · published September 29, 2021 · Tier A
  4. [4]Post-quantum Cryptography Experts | Quantum-safe & Quantum-resistant SolutionsPQShield · undated page, accessed October 27, 2026 · Tier A
  5. [5]Post-Quantum Cryptography Solutions | PQShieldPQShield · published April 24, 2025 · Tier A
  6. [6]We are attending, WEF - Annual Meetings of the Global Future Councils and Cybersecurity, 14 Oct | PQShieldPQShield · published October 14, 2025 · Tier A
  7. [7]We are speaking: Security Privacy Identity & Trust (SPIT) SIG event, Cambridge, 28 January 2025 | PQShieldPQShield · published January 28, 2025 · Tier A
  8. [8]We are judging at - Cyber Security Awareness Week Europe, 7-8 November 2024 | PQShieldPQShield · published November 7, 2024 · Tier A
  9. [9]Quantum Security Company: What to Look For | PQShieldPQShield · undated page, accessed November 10, 2026 · Tier A
  10. [10]Quantum-safe & Quantum-resistant Software, Hardware & UpgradesPQShield · undated page, accessed November 10, 2026 · Tier A
  11. [11]PQShield partners with Tata Consultancy Services and eShard to meet commercial demand for protecting organisations against quantum the threat | PQShieldPQShield · undated page, accessed November 10, 2026 · Tier A

Spot a factual error? Request a correction.