Barkly, a Boston, MA-based endpoint security startup, closed a $12.5m Series A financing.
The round was led by New Enterprise Associates (NEA) with participation from Sigma Prime Ventures.
The company, which has raised a total of $17m, intends to use the funds to expedite recruiting, product development, and go-to-market initiatives in the healthcare and financial services industries.
Co-founded in 2013 by Mike Duffy and Jack Danahy, Barkly combines a proprietary local protection agent with SaaS based reporting and management to provide real time defense against modern malware, including zero-day and polymorphic attacks. Powered by advanced behavioral analytics, the Barkly agent is invisible to both end users and attackers.
The company’s platform will be generally availabile in Q1 2016.
FinSMEs
24/06/2015