Guardicore raises 60 million in series C funding

Guardicore Raises $60 Million; Funding Fuels Company Growth and Continued Disruption

Today I am excited to share that we have secured a Series C funding round of $60 million, bringing our total funding to more than $110 million. The latest round was led by Qumra Capital and was joined by other new investors DTCP, Partech, and ClalTech. Existing investors Battery Ventures, 83North, TPG Growth, and Greenfield Partners also participated in the round.

Since we launched the company in 2015, Guardicore has been focused on a single vision for providing a new, innovative way to protect critical assets in the cloud and data center. Our focus, and our incredible team, has earned the trust of some of the world’s most respected brands by helping them protect what matters most to their business. As the confidence our customers have in us has grown, so has our business, which has demonstrated consistent year-over-year growth for the past three years.

Our growth is due to our ability to deliver on a new approach to secure data centers and clouds using distributed, software-defined segmentation. This approach aligns with the transformation of the modern data center, driven by cloud, hybrid cloud, and PaaS adoption. As a result, we have delivered a solution that redefines the role of firewalls and implementing Zero Trust security frameworks. More dynamic, agile, and practical security techniques are required to complement or even replace the next-generation firewall technologies. We are delivering this and give our customers the ability to innovate rapidly with the confidence their security posture can keep up with the pace of change.

Continued Innovation

The movement of critical workloads into virtualized, hybrid cloud environments, industry compliance requirements and the increase of data center breaches demands a new approach to security that moves away from legacy firewalls and other perimeter-based security products to a new, software-defined approach. This movement continues to inspire our innovations and ensure that our customers have a simpler, faster way to guarantee persistent and consistent security — for any application, in any IT environment.

Our innovation is evident in several areas of the company. First, we have been able to quickly add new innovative technology into our Centra solution, working in close partnership with our customers. For example, we deliver expansive coverage of data center, cloud infrastructure and operating environments, and simpler and more intuitive ways to define application dependencies and segmentation policies. This gives our customers the right level of protection for critical applications and workloads in virtually any environment.

Second, our Guardicore Labs global research team continues to provide deep insights into the latest exploits and vulnerabilities that matter to the data center. They also equip industry with access to open source tools like Infection Monkey, and Cyber Threat Intelligence (CTI) that allows security teams to keep track of potential threats that are happening in real time.

We have also continued to build out other areas of our business, such as our partner ecosystem, which earned the five-star partner program rating from CRN since its inception two years ago, as well as our technology alliances, which include relationships with leading cloud / IaaS infrastructure players such as AWS, Azure, and Nutanix.

Looking Ahead

We are proud of our past, but even more excited about our future. While there is always more work to do, we are in a unique position to lead the market with not only great technology, but a strong roster of customers, partners and, most importantly, a team of Guardicorians that challenge the status quo every single day to deliver the most innovative solutions to meet the new requirements of a cloud-centric era. I truly believe that we have the best team in the business.

Finally, as we celebrate this important milestone, I want to say thanks to our customers who have made Guardicore their trusted security partner. It is our mission to continue to earn your trust by
ensuring you maximize the value of your security investments beyond your goals and expectations.

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