VMRay, a Bochum, Germany-based cybersecurity company dedicated to detecting and analyzing malware and phishing threats, closed a $38M Series B round.
The round was led by Tikehau Capital, with participation from NRW.BANK, Gründerfonds Ruhr, eCAPITAL, and Gründerfonds.
The company intends to use the funds to further expand its product portfolio to target a broader set of market segments.
Led by CEO Carsten Willems, VMRay is a global player in advanced threat detection and analysis that offers solutions for enterprises, governmental organizations, and MDRs to detect and analyze the most challenging malware and phishing threats. The company started its journey by developing an approach to sandboxing, and kept adding technologies, including its own Machine Learning models, to address emerging and evolving challenges. The solutions aim at improving the efficiency of SOC teams with integrations with major EDR, XDR, SOAR, and Threat Intelligence Platform vendors.
The company is now working with 4 of the world’s top 5 technology companies, 37 leading financial institutions and 56 governmental organizations around the world.
FinSMEs
20/12/2022