ProtectWise Closes $25m Series B Funding

protectwiseProtectWise, a Denver, CO-based provider of an enterprise security platform, closed a $25m Series B round of funding.

Backers included Arsenal Venture Partners, Top Tier Capital Partners, Tola Capital and other strategic investors. In conjunction with the funding, ClearSky managing director Jay Leek joined ProtectWise’s Board of Directors.

The company, which has raised more than $67m in funding, will use the capital to broaden its presence in traditional enterprise network security and further extend its flagship platform into cloud and ICS environments.

Founded in April 2013 by Scott Chasin, CEO, ProtectWise provides ProtectWise Grid, a network security platform that captures high fidelity network traffic, creates a lasting memory for the network, and delivers real time and retrospective alerting and analysis in a rich dashboard, and provides an integrated solution with accelerated incident response.

FinSMEs

18/01/2017

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