Bitglass Raises $45M in Series C Funding

bitglassBitglass, a Campbell, CA–based total data protection company, raised $45m in series C funding.

Backers included new investor Future Fund, and existing investors New Enterprise Associates, Norwest Venture Partners, Singtel Innov8 and others.

The company, which has raised $80m in total funding to date, will use the funds to accelerate global expansion in the U.S., EMEA and APAC regions.

Led by Nat Kausik, CEO, Bitglass has developed Cloud Access Security Broker (CASB), which provides enterprises with end-to-end data protection from the cloud to the device. It enables enterprises to enforce corporate data security policies across apps like Office 365, Salesforce, and Exchange, particularly in regulated industries, including healthcare, financial services, and life sciences.

FinSMEs

06/01/2017

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