Israeli cyber security company GuardiCore 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. Founded by CEO Pavel Gurvich, CTO Ariel Zeitlin and VP business development Dror Sal'ee, the company has developed internal data center security and breach detection solutions.
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.
Gurvich said, "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. 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."
Published by Globes [online], Israel business news - www.globes-online.com - on July 19, 2016
© Copyright of Globes Publisher Itonut (1983) Ltd. 2016