SAN FRANCISCO and TEL AVIV, Israel, July 19, 2016 /PRNewswire/ -- GuardiCore, a leader in internal data center security and breach detection, today announced that the company has raised $20 million in Series B funding. The latest round is led by existing investors Battery Ventures and 83North (formerly Greylock IL) and joined by Cisco Investments bringing the company's total funding raised to date to $33 million.
GuardiCore will use the funds to address growing demand for its GuardiCore Centra™ Security Platform, invest in additional product research and development, expand its commercial reach through its global ecosystem and channel partners, and to fuel its overall sales and marketing efforts. The participation of GuardiCore's existing investors – Battery Ventures and 83North – in this latest round of funding demonstrates a strong degree of confidence in the company's current market traction, and its continued development of the industry's broadest solution for data center security.
"The complex and dynamic nature of modern data centers, along with very high traffic rates, demands that today's organizations re-evaluate their data center security architecture to incorporate application-layer visibility, granular micro-segmentation, real-time detection and automated response," said Pavel Gurvich, CEO and co-founder of GuardiCore. "Currently deployed in enterprise data centers globally, our GuardiCore Centra™ Security Platform provides these capabilities for the enterprise and is rapidly gaining momentum as a platform level solution for the detection, investigation and mitigation of data center threats in real-time, reducing exposure, risk, and cost."
Securing the Data Center
Today's cloud and hybrid cloud data center environments consist of a wide range of technologies designed to help the enterprise realize the highest levels of performance, productivity and profitability. Yet, there is a growing realization that current security solutions are not equipped to keep pace with new, advanced threats that continue to put these specific environments at risk, and subsequent growing urgency to find and implement innovative security solutions that integrate and interoperate with a broad set of data center and cloud technologies. Veterans of Israel Defense Forces technology units, GuardiCore's founders recognized this gap in enterprise security in 2013 and have been focused on providing solutions that quickly detect and respond to breaches within the data center environment ever since.
With production deployments across a wide range of verticals in some of the largest and most demanding enterprises in the world, GuardiCore's platform featuring application level visibility and threat detection and response, has been designed to support virtually any data center environment, including bare metal, virtualized servers, Software Defined Networks (SDNs), containers and private and public cloud infrastructures. Additional funding will be used to further expand and integrate core security controls across these principal infrastructure platforms, and expand to further technologies deployed most commonly in today's data center environments. Specifically, additional focus will be placed on further developing an ecosystem of technology partners capable of providing the highest level of certifications, integration, and security to GuardiCore's customers.
GuardiCore is an innovator in internal data center security focused on delivering more accurate and effective ways to stop advanced threats through real-time breach detection and response. Developed by the top cyber security experts in their field, GuardiCore is changing the way organizations are fighting cyber attacks in their data centers. For more information, visit www.guardicore.com.