VMRay Completes $10M Series B Funding

vmrayVMRay, a Bochum, Germany-based provider of automated malware analysis and detection solutions, closed its $10m (€9m) series B funding.

The round, which brought the total amount raised to date to approximately €12m, was led by Digital+ Partners, with participation from eCapital.

The company will use the new funding to expand its marketing program to reach new vertical markets, bolster its engineering team to enhance its platform capabilities, and support its’ MSSP and VAR partners through an expanded channel program.

Founded by Dr. Carsten Willems and Dr. Ralf Hund in 2013, VMRay provides a flagship analyzer platform which leverages a malware sandbox to detect Zero-Day malware and advanced threats that can be missed by security solutions.
Since the introduction of VMRay Analyzer, the company has rolled out a complete suite of inter-connected threat detection solutions, including:
– VMRay Detector, which delivers rapid, fully automated threat detection at scale, without the need for human interaction;
– VMRay Email Threat Defender, which enables organizations to fend off phishing and targeted email attacks using patented agentless threat detection technology, and
– VMRay Web Threat Defender, which integrates VMRay Analyzer technology into the web gateway, analyzing and detecting malicious content that would otherwise bypass web proxies and firewalls.

FinSMEs

17/09/2019

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