vArmour the multi-cloud security startup, raises $58M en route to IPO

vArmour the multi-cloud security startup, raises $58M en route to IPO

3 years ago
Anonymous $K6XgmDN5_o

https://techcrunch.com/2021/02/17/varmour-the-multi-cloud-security-startup-raises-58m-en-route-to-ipo/

Enterprises have been loading more of their operations into cloud — and, more often than not, multi-cloud — environments over the last year, creating vast networks of services that can be complex to manage. Today, vArmour, a startup that provides ways to manage in real time and ultimately secure how applications (and people) work in those fragmented environments is announcing funding to capitalize on the demand for its services.

The Bay Area startup has picked up funding of $58 million in what it described as an oversubscribed round. Co-led by previous backers AllegisCyber Capital and NightDragon, existing investors Standard Chartered Ventures, Highland Capital Partners, Australian carrier Telstra, Redline Capital, and EDBI also participated.