vArmour, a Mountain View, Calif.-based stealth security company designed to protect the new data defined perimeter for enterprises, raised $36m in Series B funding.
The financing includes a Series B round closed in December 2013 ($15m) led by Menlo Ventures and a Series C round closed in August 2014 ($21m) led by Columbus Nova Technology Partners (CNTP), Citi Ventures and Work-Bench Ventures. In conjunction with the investments, Pravin Vazirani, general partner at Menlo Ventures and Mohsen Moazami, CNTP, will both join vArmour’s Board of Directors.
The company intends to use the funds to scale development and sales teams.
Led by Tim Eades, CEO, vArmour is advancing a platform for the enterprise to protect their new data defined perimeter in today’s world of virtualization, constant threats and advanced security breaches. The company, which has been in stealth-mode since its founding in January 2011, previously announced a $6m Series A led by Highland Capital in January 2013 (read here) and is now prepared to launch later in 2014.
FinSMEs
25/08/2014