ShieldX Networks, a San Jose, CA-based provider of innovative cloud security solutions, closed a $25M in Series B round of funding.
Backers included new investors Ashar Aziz (Founder of FireEye), Dimension Data, Symantec Ventures, and existing investors Bain Capital Ventures, Aspect Ventures and FireEye.
The company intends to use the funds to expand its marketing and sales and product development efforts, including increased automation and intelligence across popular cloud environments.
Led by Dr. Ratinder Paul Singh Ahuja, CEO, ShieldX provides a cloud security platform to protect organizations against cyber threats—regardless of where sensitive data resides or how it moves across public, private or multi-cloud environments. Organizations are using the company’s platform, APEIRO, to scale security and micro-segmentation on demand, support business innovation, meet compliance requirements and protect against the latest cyberattacks.
The company, which recently received its first foundational and comprehensive patent – from a total 19 filed, serves well-known customers, including Alaska Airlines, Iowa State University and Park Holidays.