INTELLIGENT BRANDS // Data Centres
Guardicore raises US$60 million
and continues to build momentum
in cloud and data centre security
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I
srael-headquartered Guardicore, a leader
in internal data centre and cloud security,
has announced it has raised US$60
million in Series C funding, bringing the
company’s total funding to US$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 centre markets.
“Any organisation 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.
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
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platform to enterprise organisations seeking
to protect dynamic data centre and cloud
infrastructure environments.
Gurvich said: “Since our last round of
funding, we have successfully been able
to articulate our vision and demonstrate
that the market is ripe for disruption. With
consistent revenue growth the past three
years and large-scale deployments with
numerous Fortune 500 customers, we have
proven that our product is more intuitive,
flexible and makes security easier to apply
than traditional firewall technology currently
being used to protect internal and cloud
infrastructure. We are displacing incumbent
players and newcomers alike as we strive to
help our enterprise customers quickly secure
their business-critical applications and data,
reduce the cost and burden of compliance
and secure cloud adoption.”
“Deutsche Bank is committed to the highest
standards of security and a high priority
for us is implementing tight network
segmentation in our on-premise and cloud
environments. Guardicore gives us an
effective way to protect our critical assets
through segmentation,” said Alan Meirzon,
Director, Chief Information Security Office at
Deutsche Bank, a Guardicore customer.
“Guardicore is changing the way enterprises
approach data centre security with modern
segmentation capabilities that overcome
the inherent inefficiencies of traditional
techniques and results in stronger security for
enterprise environments,” said Boaz Dinte,
Founding Partner of Qumra Capital, investing
in exceptional late-stage companies.
“Guardicore is disrupting the market and is
well positioned to capitalise on the broader
opportunities this presents. We were
compelled to invest as the lead in this round
because we believe Guardicore will play a
critical role in shaping the future of enterprise
security, helping organisations better protect
vital systems and data as we evolve our digital
information society,” said Dinte. n
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