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Guardicore raises $60 M and continues to build momentum in cloud and data center security
May 21, 2019
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Guardicore, a leader in internal data center and cloud security, today announced it has raised $60 million in Series C funding, bringing the company’s total funding to $110 million. This more than doubles the total capital raised to date and represents an endorsement of Guardicore’s current momentum as the company continues to disrupt the broader firewall and data center markets.
"Any organization has critical IT assets that need to be secured. Our distributed, software-defined segmentation solution is the simplest way to secure these assets whether they reside in the cloud or on premises. The days of being chained to legacy firewalls are over,” said Pavel Gurvich, CEO and co-founder of Guardicore.
New investor Qumra Capital led the round and was joined by other new investors DTCP, Partech, and ClalTech, Access Industries’ vehicle for Israeli technology investments. Existing investors Battery Ventures, 83North, TPG Growth, and Greenfield Partners also participated in the round. Guardicore will leverage the funds to fuel continued growth and accelerate investments in sales, marketing and customer service as it seeks to expand delivery of its Guardicore Centra security platform to enterprise organizations seeking to protect dynamic data center and cloud infrastructure environments. Ram Metser, Executive Chairman of Segterra, Inc., an innovative digital health analytics company, and former CEO of Guardium, Inc., a dominant database security company acquired by IBM, also joined the Guardicore board of directors.
Welcome to the Partech family Guardicore!