|By Marketwired .||
|August 20, 2014 08:00 AM EDT||
MOUNTAIN VIEW, CA -- (Marketwired) -- 08/20/14 -- vArmour, a stealth security company designed to protect the new data defined perimeter for enterprises, today announced it has raised $36 million in funding, including a Series B round closed in December 2013 ($15 million) led by Menlo Ventures and a Series C round closed in August 2014 ($21 million) led by Columbus Nova Technology Partners (CNTP), Citi Ventures and Work-Bench Ventures, bringing total company funding to $42 million. vArmour will use the capital to scale development and sales teams to help the enterprise protect their new data defined perimeter in today's reality of pervasive virtualization, constant threats and advanced security breaches.
"vArmour has the escape velocity to completely disrupt the security industry," said Mohsen Moazami, Founder and Managing Director, CNTP. "We went all in on vArmour as I'm confident that vArmour's continued growth will deliver a solution for the enterprise that can visualize, manage and ultimately protect the data center in a way we've never seen before."
"Our investment in vArmour is a testament to the potential for its technology to shape the future of enterprise security for the data center," said Arvind Purushotham, Managing Director at Citi Ventures. "As an organization that supports billions of secure transactions per day, Citi is dedicated to consumer trust and vArmour's management team shares our vision for the importance of enterprise security."
Three-fourths of organizations have active command-and-control communications, indicating that attackers have control of breached systems and are possibly already receiving data from them.* As massive, growing amounts of data continue to be distributed on a global scale, security controls need to move deep into the data center and be as dynamic as the applications and data they protect. There, at the data defined perimeter, vArmour provides the needed protection dynamically and securely by giving enterprises instant visibility and control of their East/West traffic flows for both old and new data centers architectures.
"Advanced targeted attacks are easily bypassing traditional firewalls and signature-based prevention mechanisms. All organizations should now assume that they are in a state of continuous compromise. However, organizations have deluded themselves into believing that 100 percent prevention is possible, and they have become overly reliant on blocking-based and signature-based mechanisms for protection. As a result, most enterprises have limited capabilities to detect and respond to breaches when they inevitably occur, resulting in longer 'dwell times' and increased damage," wrote Neil MacDonald and Peter Firstbrook of Gartner.** "In reality, going forward, improved prevention, detection, response and prediction capabilities are all needed to deal with all types of attacks, 'advanced' or not. Furthermore, these should not be viewed as siloed capabilities; rather, they should work intelligently together as an integrated, adaptive system to constitute a complete protection process for advanced threats."
As part of the investments, Pravin Vazirani, general partner at Menlo Ventures and Mohsen Moazami, CNTP, will both join the vArmour Board of Directors. Recently, Lane Bess and Dave Stevens, both previous CEOs of Palo Alto Networks, were also announced as investors and vArmour board members, offering their combined 60 years of experience leading and growing security, data center and tech start-ups, including current roles at Brocade and Zscaler. The company, which has been in stealth-mode since its founding in January 2011, previously announced a $6 million Series A led by Highland Capital in January 2013 and is now prepared to launch later in 2014.
"Our investors saw first-hand vArmour's large scale deployments of advanced data center security technology on a global basis and they realized that we have created something extremely valuable that solves a strategic issue for the enterprise," said Tim Eades, vArmour CEO. "Today, our board represents some of the best minds in security with Lane and Dave from Palo Alto Networks, now joined by Mohsen from CNTP and Pravin from Menlo. With our all-star team throughout the US, EMEA and APAC, we're in the best position to bring this technology to market and forever change the rules for security in the data center."
Those interested in learning more about the newly defined data perimeter and East/West traffic flows are invited to attend an upcoming webinar on August 20. For more information on the webinar, presented by vArmour, distinguished ESG analyst Jon Oltsik and Demetrios "Laz" Lazarikos, Blue Lava Consulting IT Security Strategist and former CISO for Sears Online, visit vArmour.com.
vArmour is continuing to grow and is aggressively hiring at all levels. For those interested in learning more, visit vArmour.com.
**Source: Gartner, Designing an Adaptive Security Architecture for Protection From Advanced Attacks, 12 February 2014 G00259490, Neil MacDonald | Peter Firstbrook
Based in Mountain View, Calif., vArmour is a stealth security company focused on securing the data defined perimeter of enterprises. The company has raised $42 million in funding led by Highland Capital Partners, Menlo Ventures, Columbus Nova Technology Partners and Citi Ventures. Executives from NetScreen, Juniper Networks, Silver Tail Systems, Citrix, Riverbed and IBM lead the company, which will launch in 2014. Learn more at www.varmour.com.
Highwire PR for vArmour
(415) 963-4174 x49
DevOps Summit 2015 New York, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - announces that it is now accepting Keynote Proposals. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long development cycles that produce software that is obsolete at launch. DevOps may be disruptive, but it is essential.
Dec. 18, 2014 09:45 PM EST Reads: 1,416
“In the past year we've seen a lot of stabilization of WebRTC. You can now use it in production with a far greater degree of certainty. A lot of the real developments in the past year have been in things like the data channel, which will enable a whole new type of application," explained Peter Dunkley, Technical Director at Acision, in this SYS-CON.tv interview at @ThingsExpo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Dec. 18, 2014 11:30 AM EST Reads: 1,522
SYS-CON Events announced today that Windstream, a leading provider of advanced network and cloud communications, has been named “Silver Sponsor” of SYS-CON's 16th International Cloud Expo®, which will take place on June 9–11, 2015, at the Javits Center in New York, NY. Windstream (Nasdaq: WIN), a FORTUNE 500 and S&P 500 company, is a leading provider of advanced network communications, including cloud computing and managed services, to businesses nationwide. The company also offers broadband, phone and digital TV services to consumers primarily in rural areas.
Dec. 18, 2014 11:00 AM EST Reads: 2,676
The major cloud platforms defy a simple, side-by-side analysis. Each of the major IaaS public-cloud platforms offers their own unique strengths and functionality. Options for on-site private cloud are diverse as well, and must be designed and deployed while taking existing legacy architecture and infrastructure into account. Then the reality is that most enterprises are embarking on a hybrid cloud strategy and programs. In this Power Panel at 15th Cloud Expo (http://www.CloudComputingExpo.com), moderated by Ashar Baig, Research Director, Cloud, at Gigaom Research, Nate Gordon, Director of T...
Dec. 18, 2014 10:30 AM EST Reads: 2,855
The Internet of Things is not new. Historically, smart businesses have used its basic concept of leveraging data to drive better decision making and have capitalized on those insights to realize additional revenue opportunities. So, what has changed to make the Internet of Things one of the hottest topics in tech? In his session at @ThingsExpo, Chris Gray, Director, Embedded and Internet of Things, discussed the underlying factors that are driving the economics of intelligent systems. Discover how hardware commoditization, the ubiquitous nature of connectivity, and the emergence of Big Data a...
Dec. 18, 2014 10:15 AM EST Reads: 2,644
ARMONK, N.Y., Nov. 20, 2014 /PRNewswire/ -- IBM (NYSE: IBM) today announced that it is bringing a greater level of control, security and flexibility to cloud-based application development and delivery with a single-tenant version of Bluemix, IBM's platform-as-a-service. The new platform enables developers to build ap...
Dec. 18, 2014 10:00 AM EST Reads: 2,917
"BSQUARE is in the business of selling software solutions for smart connected devices. It's obvious that IoT has moved from being a technology to being a fundamental part of business, and in the last 18 months people have said let's figure out how to do it and let's put some focus on it, " explained Dave Wagstaff, VP & Chief Architect, at BSQUARE Corporation, in this SYS-CON.tv interview at @ThingsExpo, held Nov 4-6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Dec. 18, 2014 10:00 AM EST Reads: 2,283
SYS-CON Events announced today that IDenticard will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. IDenticard™ is the security division of Brady Corp (NYSE: BRC), a $1.5 billion manufacturer of identification products. We have small-company values with the strength and stability of a major corporation. IDenticard offers local sales, support and service to our customers across the United States and Canada. Our partner network encompasses some 300 of the world's leading systems integrators and security s...
Dec. 18, 2014 09:30 AM EST Reads: 2,321
"People are a lot more knowledgeable about APIs now. There are two types of people who work with APIs - IT people who want to use APIs for something internal and the product managers who want to do something outside APIs for people to connect to them," explained Roberto Medrano, Executive Vice President at SOA Software, in this SYS-CON.tv interview at Cloud Expo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Dec. 18, 2014 09:00 AM EST Reads: 2,049
Nigeria has the largest economy in Africa, at more than US$500 billion, and ranks 23rd in the world. A recent re-evaluation of Nigeria's true economic size doubled the previous estimate, and brought it well ahead of South Africa, which is a member (unlike Nigeria) of the G20 club for political as well as economic reasons. Nigeria's economy can be said to be quite diverse from one point of view, but heavily dependent on oil and gas at the same time. Oil and natural gas account for about 15% of Nigera's overall economy, but traditionally represent more than 90% of the country's exports and as...
Dec. 18, 2014 06:00 AM EST Reads: 1,121
The Internet of Things is a misnomer. That implies that everything is on the Internet, and that simply should not be - especially for things that are blurring the line between medical devices that stimulate like a pacemaker and quantified self-sensors like a pedometer or pulse tracker. The mesh of things that we manage must be segmented into zones of trust for sensing data, transmitting data, receiving command and control administrative changes, and peer-to-peer mesh messaging. In his session at @ThingsExpo, Ryan Bagnulo, Solution Architect / Software Engineer at SOA Software, focused on desi...
Dec. 17, 2014 11:15 PM EST Reads: 2,080
"At our booth we are showing how to provide trust in the Internet of Things. Trust is where everything starts to become secure and trustworthy. Now with the scaling of the Internet of Things it becomes an interesting question – I've heard numbers from 200 billion devices next year up to a trillion in the next 10 to 15 years," explained Johannes Lintzen, Vice President of Sales at Utimaco, in this SYS-CON.tv interview at @ThingsExpo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Dec. 17, 2014 11:00 PM EST Reads: 2,124
"For over 25 years we have been working with a lot of enterprise customers and we have seen how companies create applications. And now that we have moved to cloud computing, mobile, social and the Internet of Things, we see that the market needs a new way of creating applications," stated Jesse Shiah, CEO, President and Co-Founder of AgilePoint Inc., in this SYS-CON.tv interview at 15th Cloud Expo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Dec. 17, 2014 08:00 PM EST Reads: 2,095
SYS-CON Events announced today that Gridstore™, the leader in hyper-converged infrastructure purpose-built to optimize Microsoft workloads, will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. Gridstore™ is the leader in hyper-converged infrastructure purpose-built for Microsoft workloads and designed to accelerate applications in virtualized environments. Gridstore’s hyper-converged infrastructure is the industry’s first all flash version of HyperConverged Appliances that include both compute and storag...
Dec. 17, 2014 06:30 PM EST Reads: 2,005
Today’s enterprise is being driven by disruptive competitive and human capital requirements to provide enterprise application access through not only desktops, but also mobile devices. To retrofit existing programs across all these devices using traditional programming methods is very costly and time consuming – often prohibitively so. In his session at @ThingsExpo, Jesse Shiah, CEO, President, and Co-Founder of AgilePoint Inc., discussed how you can create applications that run on all mobile devices as well as laptops and desktops using a visual drag-and-drop application – and eForms-buildi...
Dec. 17, 2014 11:45 AM EST Reads: 2,203
We certainly live in interesting technological times. And no more interesting than the current competing IoT standards for connectivity. Various standards bodies, approaches, and ecosystems are vying for mindshare and positioning for a competitive edge. It is clear that when the dust settles, we will have new protocols, evolved protocols, that will change the way we interact with devices and infrastructure. We will also have evolved web protocols, like HTTP/2, that will be changing the very core of our infrastructures. At the same time, we have old approaches made new again like micro-services...
Dec. 16, 2014 11:45 PM EST Reads: 2,076
Code Halos - aka "digital fingerprints" - are the key organizing principle to understand a) how dumb things become smart and b) how to monetize this dynamic. In his session at @ThingsExpo, Robert Brown, AVP, Center for the Future of Work at Cognizant Technology Solutions, outlined research, analysis and recommendations from his recently published book on this phenomena on the way leading edge organizations like GE and Disney are unlocking the Internet of Things opportunity and what steps your organization should be taking to position itself for the next platform of digital competition.
Dec. 15, 2014 11:45 PM EST Reads: 2,497
The 3rd International Internet of @ThingsExpo, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - announces that its Call for Papers is now open. The Internet of Things (IoT) is the biggest idea since the creation of the Worldwide Web more than 20 years ago.
Dec. 15, 2014 10:30 AM EST Reads: 8,113
As the Internet of Things unfolds, mobile and wearable devices are blurring the line between physical and digital, integrating ever more closely with our interests, our routines, our daily lives. Contextual computing and smart, sensor-equipped spaces bring the potential to walk through a world that recognizes us and responds accordingly. We become continuous transmitters and receivers of data. In his session at @ThingsExpo, Andrew Bolwell, Director of Innovation for HP's Printing and Personal Systems Group, discussed how key attributes of mobile technology – touch input, sensors, social, and ...
Dec. 15, 2014 10:00 AM EST Reads: 3,264
In their session at @ThingsExpo, Shyam Varan Nath, Principal Architect at GE, and Ibrahim Gokcen, who leads GE's advanced IoT analytics, focused on the Internet of Things / Industrial Internet and how to make it operational for business end-users. Learn about the challenges posed by machine and sensor data and how to marry it with enterprise data. They also discussed the tips and tricks to provide the Industrial Internet as an end-user consumable service using Big Data Analytics and Industrial Cloud.
Dec. 15, 2014 10:00 AM EST Reads: 2,391