Backers included Hewlett Packard Ventures, Rembrandt Venture Partners, Sequoia Capital and Index Ventures. In conjunction with the funding, Rembrandt’s Gerald Casilli joined Adallom’s board. In conjunction with the funding, Rembrandt’s Gerald Casilli joined Adallom’s board.
The company, which has raised a total of $49.5m since its inception in 2012, intends to use the funds to grow sales and marketing efforts, build a global network of channel partners, expand the capacity and capabilities of Adallom Labs and support ongoing product research and development.
Led by Assaf Rappaport, co-founder and CEO, Adallom is a cloud access security broker which delivers visibility, governance and protection for cloud applications like Salesforce, Google Apps, Office 365 and Box. The platform is available as a SaaS-based or on-premise solution.
In January 2015, the company introduced its global channel sales program building an active network of channel partners in six continents.