Barkly, a Boston, MA-based endpoint security startup, closed a $12.5m Series A financing.
The round was led by New Enterprise Associates (NEA) with participation from Sigma Prime Ventures.
The company, which has raised a total of $17m, intends to use the funds to expedite recruiting, product development, and go-to-market initiatives in the healthcare and financial services industries.
Co-founded in 2013 by Mike Duffy and Jack Danahy, Barkly combines a proprietary local protection agent with SaaS based reporting and management to provide real time defense against modern malware, including zero-day and polymorphic attacks. Powered by advanced behavioral analytics, the Barkly agent is invisible to both end users and attackers.
The company’s platform will be generally availabile in Q1 2016.