eSentire, Inc., a Cambridge, Ontario, Canada-based provider of managed cybersecurity services, secured $19.5M in funding.
The round was co-led by existing investor Edison Partners and Georgian Partners with participation from Cisco Investments, Northleaf Ventures Catalyst Fund, and new investor Information Venture Partners II, LP.
The company intends to use the funds to scale and strengthen its presence in key market, launch security operations in new geographies as well as verticals, and expand its early success in cloud-based threat intelligence harvesting, sharing and automated protection.
Led by J.Paul Haynes, CEO, eSentire combines people, process and technology to provide mid-size enterprises with a service that detects, remediates and communicates sophisticated cyber threats in real-time, 24/7. In 2015, the company opened its European headquarters and a second Security Operations Center in Cork Ireland and committed to hiring 100 new employees in Europe over the next five years. It also introduced forensic capabilities in cybersecurity with its product TRAP Targeted Retrospection Analysis Platform™.