Acalvio Technologies, a Santa Clara, CA-based provider of an advanced threat defense platform, closed $17m in funding.
Backers included Accel Ventures, Ignition Partners and Eileses Capital.
The company intends to use the funds to accelerate deployment and adoption of its Deception 2.0 technology.
Led by Ram Varadarajan, CEO, Acalvio Technologies provides Advanced Threat Defense (ATD) solutions – anchored on patented innovations in Deception and Data Science – to detect, engage and respond to malicious activity inside the perimeter. The company leverages data obtained from internal and partner eco-systems, to enable customers to reduce false positives, and derive actionable intelligence for remediation.