Cloud Security Company Guardicore Receives $60 Million Investment

May 25, 2019
Cloud Security Company Guardicore Receives $60 Million Investment
Cloud security company Guardicore has received a $60 million investment. Guardicore, which has headquarters in Tel Aviv, Israel, also has a presence in San Francisco, California and Boston, Massachusetts in the United States. The company’s ‘Guardicore Centra’ security platform protects data centers and cloud infrastructures, offering a “simpler, faster way to guarantee persistent and consistent security” for business applications in any environment. Still a startup, Guardicore’s latest investment means the total amount the company has risen to date is $110 million.

The Series C investment was led by Tel Aviv-based venture capital and private equity company Qumra Capita. A number of Guardicore’s existing investors also participated in the round. The funds will enable the company to continue to “disrupt the broader firewall and data center markets”. Particularly, it allow enable the company to strengthen its sales, marketing and customer service functions and expand a customer base that already includes numerous Fortune 500 companies.

“Any organization has critical IT assets that need to be secured,” suggested Guardicore’s CEO and co-founder Pavel Gurvich in a statement on the company’s website. “Our distributed, software-defined segmentation solution is the simplest way to secure these assets whether they reside in the cloud or on premises. The days of being chained to legacy firewalls are over.”

Do you know of any other companies receiving new investments? Let us know the details. Add your comments below.

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