Bromium, Inc., a Cupertino, CA-based developer of endpoint protection using virtualization, secured $40m in funding.
The round was led by existing investors (which include Andreessen Horowitz, Ignition Partners, Highland Capital Partners, Intel Capital, Lightspeed Venture Partners and Meritech Capital Partners) and Silver Lake Waterman.
The company, which has raised $115m in total, intends to use the funds for its continued growth in the enterprise endpoint security market.
Founded in 2011 by Ian Pratt, CEO, Bromium has developed an endpoint protection product that relies on endpoint CPU virtualization to isolate attack vectors, eliminate breaches, and offer detailed forensic insights into each attack.
Customers include Fortune 1000 organizations and government agencies in North America and Western and Northern Europe, five commercial banks, three large health insurance providers, and one oil and gas company.
In addition to the funding, Bromium also announced an expanded executive team, including CFO Earl Charles, SVP of Worldwide Sales David Weier, and VP and General Counsel Jan Kang.
FinSMEs
25/03/2016