Guardicore Raises $60 Million in Series C Funding
Data center and cloud security company Guardicore on Tuesday announced that it has secured $60 million in Series C funding round. To date, the company has raised $110 million in funding.
The Israeli cybersecurity firm is focused on the protection of data centers of large and mid-sized enterprises across North America, South America, and EMEA and serves organizations in the financial, healthcare and retail sectors, including global, blue-chip brands.
To protect an organization’s core assets, Guardicore uses micro-segmentation controls that ensure persistent and consistent security for all applications in all IT environments.
Guardicore says it will use the funds to fuel growth and accelerate investments in sales, marketing and customer service.
The funding round was led by new investor Qumra Capital, which was joined by existing investors Battery Ventures, 83North, TPG Growth, and Greenfield Partners, and other new investors, namely DTCP, Partech, and ClalTech, Access Industries’ vehicle for Israeli technology investments.
The company also announced that Ram Metser, Executive Chairman of Segterra, Inc., a digital health analytics company, and former CEO of Guardium, Inc., a database security company acquired by IBM, joined the Guardicore board of directors.