AppGuard LLC, a Chantilly, VA – based maker of intelligent prevention endpoint protection software, secured a more than $30m Series B financing round.
The round was led by Japan’s JTB Corporation.
The company intends to use the funds to finalize the acquisition of KeepTree, Inc., a provider of secure video communication technology, and increase brand awareness in both enterprise and SMB markets. In addition, the company announced the appointment of KeepTree’s CEO, technology and security veteran Jon Loew as its new CEO.
Loew will also serve as Global CMO and Board Director of parent company Blue Planet Works. Several other top KeepTree executives will also join the AppGuard team.
This capital comes three months after an investor group led by ANA Airlines, Dai Ichi Life Insurance, global advertising juggernaut Dentsu, and several other Japanese companies contributed more than $65m to AppGuard’s parent company, Blue Planet-works, Inc., a Tokyo, Japan-based global cybersecurity company. The funding was used to re-launch the brand, which was revealed at cybersecurity event Black Hat USA in Las Vegas, last month.
Led by Global CEO Hiroshi Nakata, AppGuard provides endpoint cybersecurity protection for individuals, small business and enterprises. Its patented runtime prevention through dynamic isolation solution focuses on isolation and containment, memory protection, malware execution prevention, and application control.
FinSMEs
18/09/2017