Black Lotus, a San Francisco, CA-based provider of distributed denial of service (DDoS) protection solutions, completed $3.5m financing round.
The round was led by Industry Capital. Arman Khalili principal advisor at Industry Capital will join Black Lotus’ board of directors.
The company intends to use the funds to grow organically expanfing its network globally and making strategic acquisitions.
Led by Shawn Marck, founder, Black Lotus Communications has developed DDoS mitigation solutions, which allow small and medium businesses and enterprise clients to increase security while reducing capital expenditures, ensuring compliance, and improving earnings. The company serves data centers, telecommunications carriers, and hosting providers that want to extend protection into their service portfolios. Its solution includes:
– the DDoS-protected hosting network,
– the IPv6 DDoS mitigation environment, and
– the Layer 7 attack mitigation strategy.