Virsec, a cybersecurity company that protects applications from various attacks, today announced that it has closed a $24 million Series B funding round led by tech investment firm BlueIO.
This latest funding round brings the total amount raised to-date by the company to $32 million. The company previously raised $1 million in seed funding and $7 million in a Series A funding round.
Virsec explains that its technology can protect applications by protecting processes in memory and pinpointing attacks in real-time, within any application. In more detail, the company explains that its Trusted Execution technology “maps acceptable application execution, and instantly detects deviations caused by attacks.”
“The battleground has shifted in cybersecurity and the industry is not keeping up,” said Atiq Raza, CEO of San Jose, California-based Virsec. “With our deep understanding of process memory, control flow, and application context, we have developed a revolutionary solution that stops attacks in their tracks, where businesses are most vulnerable – within applications and processes.”
Additional investors participating in the round include Artiman Ventures, Amity Ventures, Raj Singh, and Boston Seed Capital.