Awake Security, a Santa Clara, Calif.-based advanced network traffic analysis company, raised $36m in Series C financing.
The round was led by Evolution Equity Partners with participation from Energize Ventures and Liberty Global Ventures, as well as existing investors Bain Capital Ventures and Greylock Partners. In conjunction with the funding, Karthik Subramanian, partner at Evolution Equity, joined Asheem Chandna, Enrique Salem and Kevin Mandia on Awake Security’s board of directors.
The company, which has raised nearly $80m in total funding, intends to use the funds to accelerate expansion in areas including R&D, sales and marketing.
Led by Rahul Kashyap, CEO, Awake Security provides a network traffic analysis platform that combines artificial intelligence with human expertise to hunt for both insider and external attacker behaviors, while providing full forensics across traditional, IoT and cloud networks for autonomous triage and response.