Virsec Raises $100 Million in Series C Funding Round
Software workload protection solutions provider Virsec on Wednesday announced raising $100 million in a Series C funding round, which brings the total raised by the company to $137 million.
The company says it has attracted more than 70 investors and advisors. The Series C round was led by BlueIO, with participation from Allen & Company, Arena Holdings, Intuitive Venture Partners, JC2 Ventures, Artiman Ventures, Quantum Valley Investments, and Marker Hill Capital.
John Chambers, former CEO and chairman of Cisco, Mike Ruettgers, former CEO and chairman of EMC, as well as several former government and intelligence officials also invested in Virsec.
Founded in 2015, the California-based company has developed what it describes as an “application-aware workload protection platform” that is designed to protect software workloads at runtime, on any platform.
The company claims its products can protect an application’s host, memory, process and web layers, without having any prior knowledge of the attack. Its platform includes sistem integrity assurance, memory protection, and application control capabilities.
“The Virsec solution maps the expected performance of each application on a workload and protects the memory those applications use to execute. Virsec ensures that the components of those applications are correct and unmodified before they are allowed to execute, and any deviation from the norm is treated as a threat,” Virsec said.