Bit9 More than simply Raised $34.5M From Sequoia Capital And others.
Sequoia Backing has led a $34.5 mil investment round for Bit9, an agency that provides security tips to detect and prevent internet threats.
Prior retired people Atlas Venture, Highland Backing Partners, KPCB and.406 Ventures also participated in the round.
Bit9 says benefits this capital to scholarship or grant new ‘ advanced threat’ security product development efforts and expand sales and marketing capabilities.
The company asserts its traditional security solutions are insufficient to guard organizations from next-generation succulent attacks, and that its solutions can handle protecting critical company hosts and valuable intellectual real-estate from sophisticated malware as well threats.
The company’ s software basically helps to protect from such cyber threats using what it calls ‘ whitelisting’ �? exclusively allowing trusted software to run nothing like blacklisting certain software.
Bit9 says it currently protects more than simply 700 organizations across industry segments seem like education, finance, government, fitness, retail and utilities.
The organization privately held and centered at Waltham, Massachusetts.Bit9 has secured $82.5 million in funding since it’s founding in 2002.
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Category: Insider
