Security Unicorn Illumio Raises $65M, Hires a New CFO The investment is further validation that microsegmentation is real, and Illumio CEO Andrew Rubin admits that VMware deserves “quite a bit of credit” for legitimizing this technology.
vArmour Closes $44M Series E, Pushes Multi-Cloud Compliance CEO Tim Eades won’t comment on his company’s valuation. But he says the investment puts it on track for an IPO and profitability within the next 12 to 18 months.
Fortanix Raises $23M Series B Led by Intel “We joke that our goal is to have the CIA run sensitive applications in China on Ali Cloud,” using Fortanix security software, CEO Ambuj Kumar says.
Cato Networks Raises $55M to Take On Legacy Telcos The young SD-WAN provider will use the funds to invest in its service infrastructure, engineering and support organizations, and marketing and sales efforts.
Confluent Raises $125M Atop Popularity of Its Data Streaming Platform The startup's customers include Audi, Capital One, JPMorgan Chase, and Priceline.
Security VC Funding Hit Record $5.3 Billion in 2018 But “this rate of investment is not sustainable,” Strategic Cyber Ventures warns. There are likely many security “zombies” that initially raised big rounds but now growth has slowed.
Veeam Lands $500M to ‘Dominate Multi-Cloud Data Management’ The investment comes on the heels of Veeam competitor Rubrik closing a $261 million funding round at a $3.3 billion valuation. And it’s yet another signal that the data management sector is hot.
Rubrik Scores $261M Series E, Tops $3B in Valuation Rubrik is considered a leader in the cloud data management space, which is also referred to by some as hyperconverged secondary storage. It competes against firms like Cohesity, Commvault, and Dell EMC.
Cloud Security Acquisitions, OneLogin $100M Funding Round Preview What’s In Store The opening days of 2019 also saw Sophos purchase cloud security startup Avid Secure and Akamai Technologies reach a deal to acquire Janrain.
10 Security Startups That Investors Are Funding These 10 security companies raised more than $499 million in just the last month as security remains a top priority for many enterprises.
Cloudian’s $94M Funding Round Signals SD-Storage Is Officially Exciting This brings its total to $173 million and marks a “watershed moment in storage,” says CMO Jon Toor.
Capsule8 Rides 1.0 Platform Launch to $15M Series B Funding The company's CEO said the firm was not looking just yet at a Series B, but that reception to its platform sped up the process.
Security Startups LoginRadius and Siemplify Score Millions More in Funding Microsoft's venture fund, M12, is just one of the VC firms pouring money into security startups.
Security Startup Preempt Closes $17.5M Series B, Scores ClearSky, Blackstone, and Intel Funding The company’s platform “preempts” threats (hence the name) based on identity, behavior, and risk. One of its new investors — Blackstone — started as a customer.
Jask Raises $25M Series B Funding for Autonomous Security Platform This brings its total to $39 million. Kleiner Perkins led the funding round with participation from Battery Ventures, Dell Technologies Capital, TenEleven Ventures, and Vertical Venture Partners.
DC Blox Snares $37M in Funding for Southeast Data Center Expansion The Atlanta-based firm expects to add new data centers by year-end to support multi-access edge computing and cloud services.
Mesosphere Scores $125M in Funding to Target IoT, Geo Expansion The latest funding round pushes the company's total haul to nearly a quarter-billion dollars since its founding in 2013.
Verizon, Citrix, and Hitachi Invest in The Fabric’s Latest $20M Funding Pool The investment firm was part of the funding behind VeloCloud, Perspica, and Appcito.
Security Startup BioCatch Closes $30M Funding Round for ‘Behavioral Biometrics’ The platform monitors more than 5 billion transactions per month, and generates real-time alerts when it detects behavioral anomalies.
Bigleaf Scores $4.9M in Funding to Expand SD-WAN Sales Channels Bigleaf uses SD-WAN to connect cloud applications, not as an MPLS replacement.