Bit9 Closes $34.5M Series D Funding

Bit9, a Waltham, Mass.-based provider of Advanced Threat Protection solutions, has closed a $34.5m Series D funding.

The round was led by new investor Sequoia Capital, with participation from existing investors Atlas Venture, Highland Capital Partners, Kleiner Perkins Caufield & Byers, and .406 Ventures.

The company intends to use the capital for product development, sales and marketing efforts.

Led by president and CEO Patrick Morley, Bit9 provides more than 700 organizations across industry segments such as education, finance, government, healthcare, retail and utilities with trust-based security solutions to detect and prevent sophisticated malware and cyber threats by combining real-time sensors, cloud-based software reputation services, continuous monitoring and trust-based application control and whitelisting.

FinSMEs

30/07/2012

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