Security Experts:

Cloud Security Startup ShieldX Networks Raises $25 Million

ShieldX Networks, a San Jose, Calif.-based cloud security company, announced that it has closed a $25 million Series B round of funding with participation from new investors including FireEye founder Ashar Aziz, Dimension Data and Symantec Ventures.

The company describes its flagship “APEIRO” platform as a solution that delivers Software-Defined Security through a containerized, microservices architecture that helps secure complex, multi-cloud environments.

The scalable cloud-based solution supports real-time threat prevention and helps detect and stop suspicious activities in cloud environments that see high-volume, lateral traffic.

“This funding will allow us to expand our marketing and sales efforts to meet increasing market demands while also keeping a strong focus on product development, including increased automation and intelligence across popular cloud environments that will meet customer demand,” said Dr. Ratinder Paul Singh Ahuja, CEO of ShieldX.

According to the company, its customer list includes organizations such as Alaska Airlines, Iowa State University and Park Holidays.

“Alaska Airlines is actively moving processes to next generation private and public cloud environments in an effort to support the rapid application development and innovation that really delights our guests. We were looking for a security and micro-segmentation solution that could scale and adapt with our new multi-cloud strategy with a comprehensive and consistent security policy across all environments,” said Brian Talbert, Director of Network and Connectivity Solutions at Alaska Airlines. “ShieldX has been an ideal partner throughout the development process by meeting our on premise and cloud needs, rapidly responding to our input, and by supporting our new Microsoft Azure requirements.”

Existing investors, Bain Capital Ventures, Aspect Ventures and FireEye also participated in the Series B round.

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For more than 10 years, Mike Lennon has been closely monitoring the threat landscape and analyzing trends in the National Security and enterprise cybersecurity space. In his role at SecurityWeek, he oversees the editorial direction of the publication and is the Director of several leading security industry conferences around the world.