Attivo Networks, a Fremont, CA-based provider of deception solutions for cybersecurity defense, closed $15M in Series B funding.
Backers included Omidyar Technology Ventures, Bain Capital Ventures, Trident Capital Cybersecurity and Macnica Ventures, a corporate venture arm of Macnica, Inc. As part of the Series B investment, Chris Bishko of Omidyar Technology Ventures joined the Attivo Networks board.
The company intends to use the funds to support further functionality development of its platform and expand its sales initiatives across the globe.
Led by Tushar Kothari, CEO, Attivo Networks provides a platform for real-time detection, analysis, and accelerated response to advanced, credential, insider, and ransomware cyber-attacks. The Attivo Deception and Response Platform detects advanced in-network threats and provides scalable continuous threat management for user networks, data centers, cloud, IoT, ICS-SCADA, and POS environments.
The company serves organizations and has seen strong adoption of deception technology for early detection and accelerated response to inside the network threats that have bypassed prevention security in financial, healthcare, technology, retail, and energy sectors.