Procenne
Procenne is a Turkish digital security company that builds PCI- and FIPS-certified Hardware Security Modules (ProCrypt), HSM clustering software (CryptAway), cloud HSM services, and ETSI-compliant electronic signatures for enterprise customers in finance, public sector, and telecom.
- Company typePrivate
- Founded2013
- HeadquartersIstanbul
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
What Procenne does
Procenne Teknoloji A.Ş. is a Turkish digital security and cryptography company founded in 2013 and headquartered at Istanbul Teknokent. The company builds and sells Hardware Security Module (HSM) technology and adjacent software for cryptographic key generation, storage, encryption, decryption, authentication, signing, and key management. Its product portfolio spans physical hardware (ProCrypt HSM), a brand-independent HSM clustering gateway (CryptAway), a cloud-delivered HSM-as-a-Service (Procenne Cloud HSM), and an ETSI-compliant electronic signature service (SignAway), complemented by the Procenne Academy training platform and professional services. Procenne's products are certified to PCI DSS and FIPS standards, positioning the company as a compliance-grade alternative to global incumbents in regulated workloads.
Procenne sells primarily to enterprise customers in three verticals: finance (banks, payment service providers, fintechs), public sector/government, and telecom. Revenue is generated through a mix of hardware sales, software licenses and subscriptions, recurring cloud subscriptions for Cloud HSM, and professional services. The go-to-market combines direct enterprise field sales (with quote-based pricing via a Request-a-Demo funnel) and a partner ecosystem of 16+ resellers, integrators, and technology partners including Innova, Verisoft Group, ArkSigner, and Barikat. In August 2022 the company received corporate venture investment from Turkcell's GSYF fund and RePie Asset Management, with the stated intent of leveraging Turkcell's distribution to support domestic and international expansion.
Procenne firmographics
Firmographics- Name
- Procenne
- Legal name
- Procenne Teknoloji A.Ş.
- Website
- https://procenne.com
- Company type
- Private
- Founded year
- 2013
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Procenne is a Turkish digital security company that builds PCI- and FIPS-certified Hardware Security Modules (ProCrypt), HSM clustering software (CryptAway), cloud HSM services, and ETSI-compliant electronic signatures for enterprise customers in finance, public sector, and telecom.
- Ownership category
- akta.pro rank
Procenne industry classification
Industry- Product category
- Hardware Security Modules
- NAICS
- Security Systems Services (except Locksmiths) (561621), Computer Systems Design and Related Services (5415)
- SIC
- Computer Storage Devices (3572)
- akta.pro primary industry
- Key Management, Encryption & Secrets Management (KMS/HSM/Vault) (HDABAHAG)
- akta.pro secondary industry
- Confidential Computing & Hardware-backed Protection (TEE/HSM) (HDADAFAJ)
Keywords
Where Procenne is headquartered
LocationHeadquarters
- HQ city
- Istanbul
Offices1 record
Markets served
Procenne business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure, Supply Chain
Revenue model
- Hardware Security Module Sales: Sale of physical ProCrypt HSM devices — tamper-protected hardware modules used for storing encryption keys and performing cryptographic operations. Sold as one-time hardware purchase, likely with maintenance/support contracts.
- Software Licenses and Subscriptions: CryptAway (HSM Gateway software) and SignAway (e-signature service) are software products likely licensed on subscription or perpetual basis.
- Cloud HSM (HSM as a Service): Procenne Cloud HSM is delivered as a cloud service, eliminating customer hardware acquisition and hosting costs. Revenue likely generated through subscription or usage-based billing.
- Professional Services: Digital security professional services including consulting, implementation, and integration support for Procenne products.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Quote-based enterprise pricing |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels6 records
Procenne product offering
Product offeringCore offering
Procenne develops, manufactures, and sells Hardware Security Module (HSM) technology products and related software for cryptographic key management and digital security. Its portfolio spans physical HSM devices (ProCrypt HSM), a software-based brand-independent HSM clustering gateway (CryptAway), a cloud-delivered HSM-as-a-Service (Procenne Cloud HSM), and an ETSI-compliant electronic signature service (SignAway), targeted at regulated industries including financial services, public sector, and telecommunications.
Product overview
Procenne offers a unified digital security product portfolio centered on Hardware Security Module (HSM) technology. The core product is ProCrypt HSM, with software add-ons including CryptAway (HSM Gateway for brand-independent clustering) and SignAway (e-signature solution supporting Xades/Pades/Cades standards). Cloud deployment is available via Procenne Cloud HSM. The portfolio is complemented by Procenne Academy for training and Professional Services for implementation support. All products focus on encryption key management, cryptographic operations, and regulatory compliance.
Differentiator
Problem solved
Functional benefit
Brands
- ProCrypt HSM: Hardware security module offering high level of security and performance in banking transactions, digital transformation projects and general data protection.
- CryptAway
- SignAway
- Procenne Cloud HSM
- Procenne Academy
Products and services
- ProCrypt HSM Hardware Security Module (HSM) providing high-level security and performance for banking transactions, digital transformation projects, and general data protection. Used for storing encryption keys and performing cryptographic operations including encryption, decryption, signing, and verification.
- CryptAway Software-based, brand-independent HSM gateway that creates HSM pools and provides maximum efficiency for HSM operations without dependency on any operating system or platform, enabling multi-vendor HSM interoperability.
- SignAway Electronic signing service performing high-speed and secure HSM-based signing in accordance with XAdES, PAdES, and CAdES e-signature standards (ETSI compliant) with parametric customizable structure.
- Procenne Cloud HSM HSM as a Service (HSMaaS) providing cloud infrastructure convenience while maintaining hardware HSM-level security for digital security operations, solving cost and hosting challenges for customers.
- Procenne Academy Educational service providing information and training about digital security topics, including HSM technologies and practices, designed to support customer and partner enablement.
- Professional Digital Security Services Digital security professional services including consulting, implementation, and integration support to help organizations reach high-end security standards with Procenne technologies.
Companies that use Procenne
Customer profileNamed customers7 records
Segments3 records
Ideal customer profiles3 records
Procenne technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Procenne partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered minor.
- OselominorOselo is listed as a Procenne partner on the partner page.
- NebulaminorNebula is listed as a Procenne partner on the partner page.
- CB ERNETminorCB ERNET is listed as a Procenne partner.
- EmakinminorEmakin is listed as a Procenne partner.
- Beta ITminorBeta IT is listed as a Procenne partner.
- NetsmartminorNetsmart is listed as a Procenne partner.
- NGNminorNGN is listed as a Procenne partner.
- İNOBİLminorİNOBİL is listed as a Procenne partner.
- ICMminorICM is listed as a Procenne partner.
Scale indicators4 records
Recent moves6 records
Expansion highlights5 records
Procenne competitors and assessment
Company assessmentDirect peers
- Entrust: Entrust offers nShield HSM hardware alongside PKI, identity, and e-signature solutions—closely mirroring Procenne's combined HSM + SignAway portfolio and often competing in banking and government RFPs.
- Utimaco: Utimaco is a pure-play HSM manufacturer offering on-prem and cloud HSMs (u.trust), competitive directly with Procenne's ProCrypt HSM and Cloud HSM, particularly in financial services and public sector.
- Futurex: Futurex is an HSM specialist serving banks, payment processors, and government with dedicated FIPS-validated hardware—head-to-head competitor with ProCrypt HSM, especially in payment HSM use cases like Procenne's BKM engagement.
- Securosys: Securosys provides Primus HSM hardware and Smart Key Management, directly comparable to Procenne's ProCrypt HSM and emerging cloud HSM offerings, with similar focus on banking and digital asset security.
Broad incumbents
- Thales (Thales Cloud Protection & Licensing): Thales is the global HSM market leader (Luna HSM portfolio) and operates across hardware, cloud, and key management. Procenne competes for the same banking, government, and telecom HSM opportunities as the dominant incumbent.
- AWS CloudHSM: AWS CloudHSM offers cloud-based HSM as a service with FIPS 140-3 validation, competing head-on with Procenne Cloud HSM for cloud-native customers in regulated workloads.
- Microsoft Azure Dedicated HSM: Azure Dedicated HSM (built on Thales Luna hardware) provides single-tenant FIPS-validated HSMs in cloud—competing with Procenne Cloud HSM for enterprise customers seeking global hyperscaler presence.
- Atos (Evidian HSM): Atos/Evidian offers HSM hardware plus broader cybersecurity and managed services, competing with Procenne in European government and financial sector contracts.
Emerging players
- Yubico: While Yubico is most known for hardware authentication tokens (YubiKey), it also operates in adjacent identity/credential security relevant to Procenne's Token customer in the hardware token/authentication security space.
- Cryptomathic: Cryptomathic provides cryptographic key management software and HSM integration services, overlapping with Procenne's CryptAway HSM gateway and professional services offerings in financial services.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Procenne social profiles
Digital presenceProcenne compliance and trust
Trust signalCompliance2 records
Procenne financial estimates
Financial estimateRevenue estimate
Valuation estimate
Procenne leadership team
Management profileNumber of profiles
Procenne funding detail
Funding detailFunding overview
Funding rounds1 record
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Procenne M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Procenne
What does Procenne do?
Procenne develops, manufactures, and sells Hardware Security Module (HSM) technology products and related software for cryptographic key management and digital security. Its portfolio spans physical HSM devices (ProCrypt HSM), a software-based brand-independent HSM clustering gateway (CryptAway), a cloud-delivered HSM-as-a-Service (Procenne Cloud HSM), and an ETSI-compliant electronic signature service (SignAway), targeted at regulated industries including financial services, public sector, and telecommunications.
Is Procenne a public or private company?
Procenne is a private company. It is classified as venture growth investor backed and is currently operating.
When was Procenne founded?
Procenne was founded in 2013. It employs 51 to 100 people.
Where is Procenne based?
Procenne is headquartered in Istanbul.
How does Procenne make money?
Four revenue lines are on record. Hardware Security Module Sales are the primary driver. The others are software Licenses and Subscriptions, cloud HSM (HSM as a Service) and professional Services.
Who are Procenne's main competitors?
Direct peers on record are Entrust, Utimaco, Futurex and Securosys. Broad incumbents are Thales (Thales Cloud Protection & Licensing), AWS CloudHSM, Microsoft Azure Dedicated HSM and Atos (Evidian HSM). Emerging players are Yubico and Cryptomathic.
Does Procenne have an API?
No public API is recorded for Procenne.
What industry is Procenne in?
Procenne's product category is Hardware Security Modules. Its primary akta.pro industry code is HDABAHAG, Key Management, Encryption & Secrets Management (KMS/HSM/Vault), with a secondary code of HDADAFAJ, Confidential Computing & Hardware-backed Protection (TEE/HSM). Its NAICS code is 561621 and its SIC code is 3572.