
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.