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Kiteworks Acquired news – Kiteworks has Acquired 123FormBuilder

Sep 6, 2024 | By Startup Rise EU

Kiteworks Acquired news - Kiteworks has Acquired 123FormBuilder

Kiteworks, which delivers data privacy and compliance for sensitive content communications through its Private Content Network (PCN), has acquired 123FormBuilder, a provider of advanced data collection through secure web forms and form-driven private content workflows.

SUMMARY

  • Kiteworks, which delivers data privacy and compliance for sensitive content communications through its Private Content Network (PCN), has acquired 123FormBuilder
  • 123FormBuilder is a creative and adaptable form builder that over 2 million people and companies use globally to automate workflows and data collection procedures.

After investing $456 million in growth equity, the acquisition was made. To improve risk management and regulatory compliance on sensitive content communications, Kiteworks' platform organizes, tracks, controls, and secures sensitive content entering and leaving their company.

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Web forms platform 123FormBuilder lets users create secure registration, order, survey, and other forms. No-code, drag-and-drop online form creation with conditional logic, e-signature, multipage forms, file uploads, and integrations with over 45 popular applications for process automation is available from the company.

Amit Toren, SVP of Corporate and Business Development at Kiteworks said, “We are very excited to welcome Florin and the talented team at 123FormBuilder to the Kiteworks family, 123FormBuilder’s emphasis on security and compliance aligns with our Private Content Network vision. Our customers will benefit from no-code, dynamic form creation as well as bidirectional integration of web forms with various solutions such as Salesforce, Stripe, Shopify, HubSpot, and others. In addition, this acquisition further solidifies Kiteworks’ aggressive growth strategy and demonstrates our continued momentum in expanding our market presence and technological capabilities through strategic M&A activities.”

Integrating 123FormBuilder's advanced data collection through secure web forms and form-driven private content workflows into the Kiteworks Private Content Network will give customers a unified platform for tracking, controlling, and securing sensitive content communications. Consolidating audit records into one platform will simplify compliance tracking and reporting for123FormBuilder customers.

Florin Cornianu, CEO of 123FormBuilder said, “123FormBuilder is thrilled to join the Kiteworks family and contribute to its Private Content Network vision, empowering organisations to manage security and compliance risk across communication channels, Our team at 123FormBuilder has worked tirelessly to develop a secure and user-friendly platform for data collection, a technology that will thrive under Kiteworks’ guidance. The acquisition extends our long-term security and compliance commitment to innovation bolstered by a profitable, well-funded organisation committed to the highest security and compliance standards.”

About Kiteworks

The goal of Kiteworks is to enable enterprises to efficiently manage risk associated with each transmit, share, receive, and save of sensitive content. In order to accomplish this, we developed a platform that offers clients protection, compliance, and content control. The platform greatly enhances risk management and guarantees regulatory compliance on all sensitive content communications by unifying, tracking, controlling, and securing sensitive material as it moves into and out of their business.

About 123FormBuilder

123FormBuilder is a creative and adaptable form builder that over 2 million people and companies use globally to automate workflows and data collection procedures. Creating and maintaining the forms is a breeze, so you won't ever have to worry about being organized again.

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