AlienVault Closes $52M Series E Funding

alienvaultAlienVault, a San Mateo, CA-based provider of Unified Security Managementâ„¢ and crowd-sourced threat intelligence, closed a $52m Series E funding round.

The round, which brought total funding raised to nearly $116m, was led by new investor Institutional Venture Partners (IVP) with participation from existing investors Trident Capital, Kleiner Perkins Caufield & Byers and GGV Capital. As part of the funding, Steve Harrick, General Partner at IVP, will join the board of directors as an observer.

The company will use the funds to scale its global sales and marketing programs and to increase investments in product innovation for its platforms.

Led by Barmak Meftah, president and CEO, AlienVault provides a Unified Security Management (USM) platform and Open Threat Exchange (OTX), an open threat intelligence community that enables collaborative defense with actionable, community-powered threat data.
It currently serves more than 2,000 customers and government organizations including Columbia University, Peet’s Coffee & Tea, NASA and Save Mart.

FinSMEs

19/08/2015

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