Attivo Networks® today announced it has raised $21 million in Series C venture capital funding. The funding round was led by Trident Capital Cybersecurity with participation from existing investors Bain Capital Ventures and Omidyar Technology Ventures.
The bad news is that cyber security threats are at an all-time high, but the good news is that security awareness is too. It has the attention of every boardroom in the country; the awareness around security is the highest I’ve seen it during my nearly 30 years in business.
So, what does that mean for CIOs and CISOs? Most importantly, more awareness means more dollars in the budget dedicated to security. The numbers reflect that. Global IT security spending will grow from $71.1 billion last year to a record $76.9 billion in 2015, according to Gartner.
Attivo Networks announced today that the company has closed $15M in Series B round funding, made up by major investors including Omidyar Technology Ventures, Bain Capital Ventures, Trident Capital Cybersecurity and Macnica Ventures, a corporate venture arm of Macnica, Inc.. As part of the Series B investment, Chris Bishko of Omidyar Technology Ventures has joined the Attivo Networks board.