The company intends to use the proceeds to increase product marketing and target sector distribution efforts and bring to market a new cloud offering.
Led by Joe Fantuzzi, President and Chief Executive Officer, Agiliance provides a software platform, RiskVision, for Global 2000 companies and government agencies to continuously monitor big data for risks across financial, operations, and IT domains. The solution is used by global organizations including Bell Canada, CIT Group, Cisco Systems, Deutsche Bank AG, DNB ASA, E*TRADE, Exelon Corporation, First Energy Corp., Fiserv, McAfee, Proofpoint, Qualcomm Inc., Safeway Inc., Southern Company, State Street Bank, and the U.S. Departments of Energy, Health and Human Services, Justice, and Veterans Affairs.
The company is backed by Intel Capital, Walden International, Red Rock Ventures, and Castile Ventures.