Clavister AB , an Örnsköldsvik, Sweden-based IT security company, has raised slightly over SEK 40m in funding.
Bakers include Industrifonden and SEB Venture Capital.
The company intends to use the funding to continue its international expansion.
The company offers advanced security products with a focus on the telecom sector, cloud environments and large corporate customers.
Led by CEO Peter Johansson, Clavister is an established player with over 175,000 installed security products. It is soon launching new versions of its network security systems, Clavister cOS Core and Clavister cOS Stream, two systems that monitor traffic to and from networks and protect against intrusions, viruses, worms, Trojans and denial-of-service attacks. They also protect business-critical information and offer large capacity, scalability and portability.
Founded in 1997, the company currently has around 120 employees, with its head office and development department in Örnsköldsvik. The sales and marketing department is located in Stockholm, and sales are managed through its own sales offices as well as through distributors and systems integrators mainly in Europe and Asia.