Cyphort, a provider of threat detection solutions, today announced that it has secured $30 million in Series C funding, bringing the total raised by the company to more than $53 million.
Headquartered in Santa Clara, Calif., Cyphort offers a platform designed to help security teams determine the existence and severity of cyber attacks with threat priority-based mitigation techniques.
According to the company, the new funds will be used to support its growth and expansion into new markets.
The company explains that its software-based, distributed architecture offers a cost effective, high performance approach to detecting and protecting an organization’s virtual, physical and cloud infrastructure against attacks.
The platform provides malware detection for Windows, OSX and Linux environments.
“This Series C round is another great milestone for Cyphort as we continue our tremendous growth and traction in the security space,” Manoj Leelanivas, CEO of Cyphort, said in a statement.
Sapphire Ventures led the round and was joined by all existing investors: Trinity Ventures, Foundation Capital and Matrix Partners.
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.
More from Mike Lennon
- Watch Now: Threat Detection and Incident Response Virtual Summit
- Registration Now Open: 2023 ICS Cybersecurity Conference | Atlanta
- NetRise Adds $8 Million in Funding to Grow XIoT Security Platform
- Virtual Event Today: Zero Trust Strategies Summit
- Virtual Event Tomorrow: Zero Trust Strategies Summit
- Watch: How to Build Resilience Against Emerging Cyber Threats
- Video: How to Build Resilience Against Emerging Cyber Threats
- Webinar Today: Understanding Hidden Third-Party Identity Access Risks
Latest News
- Gigabyte Rolls Out BIOS Updates to Remove Backdoor From Motherboards
- SBOMs – Software Supply Chain Security’s Future or Fantasy?
- Ransomware Group Used MOVEit Exploit to Steal Data From Dozens of Organizations
- Cybersecurity M&A Roundup: 36 Deals Announced in May 2023
- Insider Q&A: Artificial Intelligence and Cybersecurity In Military Tech
- In Other News: Government Use of Spyware, New Industrial Security Tools, Japan Router Hack
- OpenAI Unveils Million-Dollar Cybersecurity Grant Program
- Galvanick Banks $10 Million for Industrial XDR Technology
