CloudPassage Closes $25.5M Series C Financing

Published On February 13, 2014 |

cloudpassageCloudPassage, a San Francisco, CA-based provider of a security automation platform for the cloud, closed a $25.5m Series C financing round.

The round, which brought total capital raised to $53m, was led by Shasta Ventures with participation from new investors Meritech Capital Partners and Stephen Luczo, CEO of Seagate, and existing investors Tenaya Capital, Benchmark Capital and Musea Ventures.

The company intends to use the funds to expand sales and marketing efforts.

Led by Carson Sweet, CEO, CloudPassage created Halo, a security automation platform purpose-built for the cloud, delivers security and compliance for large-scale, distributed environments.
It also integrates with cloud and security technologies such as VMware, Rackspace, Amazon Web Services, RightScale, Splunk and HP ArcSight, among others.
The company currently protects more than 400 production cloud application deployments, some Fortune 1000 enterprises.

FinSMEs

13/02/2014

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