Security Experts:

Connect with us

Hi, what are you looking for?

SecurityWeekSecurityWeek

Cloud Security

OpenDNS Raises $35 Million to Expand Its Cloud Security Services

OpenDNS, the company best known for its DNS service that adds a level of security by monitoring domain name requests, today announced that it has raised $35 Million in a round funded by existing and new investors.

OpenDNS

OpenDNS, the company best known for its DNS service that adds a level of security by monitoring domain name requests, today announced that it has raised $35 Million in a round funded by existing and new investors.

OpenDNS

The company plans to use the large cash injection to accelerate adoption of its cloud-delivered security services.

The total amount rasised by the company is now $53 million, an OpenDNS spokesperson told SecurityWeek.

The San Francisco, Calif.-based company says that 50 million users utilize its services on a daily basis, and that it has more than 10,000 enterprise customers using its security solutions.

The company explains that its portfolio is centered on two technologies: a global delivery mechanism for security called Umbrella, and a predictive threat intelligence platform called Security Graph.

Photo of David Ulevitch

David Ulevitch, CEO of OpenDNS

 (Credit: OpenDNS)

Launched by OpenDNS in November 2012, Umbrella is a DNS-based security solution delivered through the cloud that helps protect users from malware, botnet and phishing threats regardless of location or device. 

 

In February of this year, OpenDNS announced that its Umbrella security service had been integrated with FireEye’s Web Malware Protection System (MPS).

“Because of its unique position in the network and use of big-data analytics and machine learning, OpenDNS regularly discovers and blocks threats no other security company has identified,” the company said. “Every second, it processes and learns from more than one million new Internet events to discover and predict when and where on the Internet new attacks are being staged.”

“The erosion of the corporate IT perimeter brought on by cloud computing, mobile computing and the use of personal access devices demands a new type of network security that is always on, friendly to the employee, and doesn’t hamper performance, wherever the user may be,”said David Ulevitch, CEO of OpenDNS.

“This financing is a milestone worth pausing for, even if just for moment,” Ulevitch wrote in a blog post. “While it might not be as important as delivering innovative products that help business and people more safely use the Internet, or partnering with incredible new customers, it does help ensure that we can continue to do those things, and do them faster.”

Existing OpenDNS investors Greylock Partners, Sequoia Capital and Sutter Hill Ventures all participated in the round, while new investors Glynn Capital, Cisco, Evolution Equity, Lumia Capital, Mohr Davidow Ventures, and Northgate Capital participated as new investors.

Written By

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.

Click to comment

Daily Briefing Newsletter

Subscribe to the SecurityWeek Email Briefing to stay informed on the latest threats, trends, and technology, along with insightful columns from industry experts.

Expert Insights

Related Content

Application Security

Cycode, a startup that provides solutions for protecting software source code, emerged from stealth mode on Tuesday with $4.6 million in seed funding.

Malware & Threats

Microsoft plans to improve the protection of Office users by blocking XLL add-ins from the internet.

Cloud Security

VMware vRealize Log Insight vulnerability allows an unauthenticated attacker to take full control of a target system.

Application Security

A CSRF vulnerability in the source control management (SCM) service Kudu could be exploited to achieve remote code execution in multiple Azure services.

Cybercrime

A recently disclosed vBulletin vulnerability, which had a zero-day status for roughly two days last week, was exploited in a hacker attack targeting the...

Cybercrime

CISA, NSA, and MS-ISAC issued an alert on the malicious use of RMM software to steal money from bank accounts.

Application Security

Many developers and security people admit to having experienced a breach effected through compromised API credentials.

Funding/M&A

Tenable has launched a $25 million venture fund to place bets on early-stage startups in the exposure management space.