Tuesday, May 24, 2016

vArmour Raises $41 Million for Micro-Segmentation

vArmour Networks, a start-up based in Mountain View, California, raised $41 million in Series D funding for its work in software-defined security for virtualized data centers.

vArmour, which was founded in January 2011 by two NetScreen veterans, specializes in application-aware micro-segmentation with advanced security analytics. Its Distributed Security System (DSS) enables organizations to gain application-layer visibility and control of their network, applications and users to prevent, detect and respond to cyber attacks and breaches in data center and cloud environments. The company cites deployments at hundreds of organizations across the globe, including a significant number of the world’s largest banks, telecom service providers, government agencies, healthcare providers and retailers.

The funding round was led by Redline Capital, Telstra and other strategic investors, bringing total company funding to $83 million.

"vArmour is now segmenting and protecting critical data for some of the largest national infrastructure and financial institutions in the world,” said Tim Eades, CEO of vArmour. “We have proven that our product and model are extremely effective, cost efficient and scalable, and this new round of funding and investment from global distribution partners will propel company growth."

https://www.varmour.com




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