Click here to close now.

Welcome!

IBM Cloud Authors: Liz McMillan, Elizabeth White, Lori MacVittie, Jnan Dash, Kevin Benedict

News Feed Item

vArmour Raises $36 Million to Protect the Data Defined Perimeter

Menlo Ventures, Columbus Nova Technology Partners and Citi Ventures Contribute Funds to Accelerate Development of Disruptive Technology, Scale to Meet Global Demand

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: FireEye

**Source: Gartner, Designing an Adaptive Security Architecture for Protection From Advanced Attacks, 12 February 2014 G00259490, Neil MacDonald | Peter Firstbrook

About vArmour
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.

Media Contact:
Bill Bode
Highwire PR for vArmour
(415) 963-4174 x49
Email Contact

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

@ThingsExpo Stories
Today air travel is a minefield of delays, hassles and customer disappointment. Airlines struggle to revitalize the experience. GE and M2Mi will demonstrate practical examples of how IoT solutions are helping airlines bring back personalization, reduce trip time and improve reliability. In their session at @ThingsExpo, Shyam Varan Nath, Principal Architect with GE, and Dr. Sarah Cooper, M2Mi’s VP Business Development and Engineering, will explore the IoT cloud-based platform technologies driving this change including privacy controls, data transparency and integration of real time context wi...
It is one thing to build single industrial IoT applications, but what will it take to build the Smart Cities and truly society-changing applications of the future? The technology won’t be the problem, it will be the number of parties that need to work together and be aligned in their motivation to succeed. In his session at @ThingsExpo, Jason Mondanaro, Director, Product Management at Metanga, discussed how you can plan to cooperate, partner, and form lasting all-star teams to change the world and it starts with business models and monetization strategies.
Internet of Things is moving from being a hype to a reality. Experts estimate that internet connected cars will grow to 152 million, while over 100 million internet connected wireless light bulbs and lamps will be operational by 2020. These and many other intriguing statistics highlight the importance of Internet powered devices and how market penetration is going to multiply many times over in the next few years.
Internet of Things (IoT) will be a hybrid ecosystem of diverse devices and sensors collaborating with operational and enterprise systems to create the next big application. In their session at @ThingsExpo, Bramh Gupta, founder and CEO of robomq.io, and Fred Yatzeck, principal architect leading product development at robomq.io, discussed how choosing the right middleware and integration strategy from the get-go will enable IoT solution developers to adapt and grow with the industry, while at the same time reduce Time to Market (TTM) by using plug and play capabilities offered by a robust IoT ...
To many people, IoT is a buzzword whose value is not understood. Many people think IoT is all about wearables and home automation. In his session at @ThingsExpo, Mike Kavis, Vice President & Principal Cloud Architect at Cloud Technology Partners, discussed some incredible game-changing use cases and how they are transforming industries like agriculture, manufacturing, health care, and smart cities. He will discuss cool technologies like smart dust, robotics, smart labels, and much more. Prepare to be blown away with a glimpse of the future.
The Internet of Things is not only adding billions of sensors and billions of terabytes to the Internet. It is also forcing a fundamental change in the way we envision Information Technology. For the first time, more data is being created by devices at the edge of the Internet rather than from centralized systems. What does this mean for today's IT professional? In this Power Panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists addressed this very serious issue of profound change in the industry.
SYS-CON Events announced today that BMC 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. BMC delivers software solutions that help IT transform digital enterprises for the ultimate competitive business advantage. BMC has worked with thousands of leading companies to create and deliver powerful IT management services. From mainframe to cloud to mobile, BMC pairs high-speed digital innovation with robust IT industrialization – allowing customers to provide amazing user experiences with optimized IT per...
There will be 150 billion connected devices by 2020. New digital businesses have already disrupted value chains across every industry. APIs are at the center of the digital business. You need to understand what assets you have that can be exposed digitally, what their digital value chain is, and how to create an effective business model around that value chain to compete in this economy. No enterprise can be complacent and not engage in the digital economy. Learn how to be the disruptor and not the disruptee.
The Internet of Things is not only adding billions of sensors and billions of terabytes to the Internet. It is also forcing a fundamental change in the way we envision Information Technology. For the first time, more data is being created by devices at the edge of the Internet rather than from centralized systems. What does this mean for today's IT professional? In this Power Panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists will addresses this very serious issue of profound change in the industry.
Business as usual for IT is evolving into a "Make or Buy" decision on a service-by-service conversation with input from the LOBs. How does your organization move forward with cloud? In his general session at 16th Cloud Expo, Paul Maravei, Regional Sales Manager, Hybrid Cloud and Managed Services at Cisco, discusses how Cisco and its partners offer a market-leading portfolio and ecosystem of cloud infrastructure and application services that allow you to uniquely and securely combine cloud business applications and services across multiple cloud delivery models.
In his General Session at 16th Cloud Expo, David Shacochis, host of The Hybrid IT Files podcast and Vice President at CenturyLink, investigated three key trends of the “gigabit economy" though the story of a Fortune 500 communications company in transformation. Narrating how multi-modal hybrid IT, service automation, and agile delivery all intersect, he will cover the role of storytelling and empathy in achieving strategic alignment between the enterprise and its information technology.
Buzzword alert: Microservices and IoT at a DevOps conference? What could possibly go wrong? In this Power Panel at DevOps Summit, moderated by Jason Bloomberg, the leading expert on architecting agility for the enterprise and president of Intellyx, panelists peeled away the buzz and discuss the important architectural principles behind implementing IoT solutions for the enterprise. As remote IoT devices and sensors become increasingly intelligent, they become part of our distributed cloud environment, and we must architect and code accordingly. At the very least, you'll have no problem fillin...
Growth hacking is common for startups to make unheard-of progress in building their business. Career Hacks can help Geek Girls and those who support them (yes, that's you too, Dad!) to excel in this typically male-dominated world. Get ready to learn the facts: Is there a bias against women in the tech / developer communities? Why are women 50% of the workforce, but hold only 24% of the STEM or IT positions? Some beginnings of what to do about it! In her Opening Keynote at 16th Cloud Expo, Sandy Carter, IBM General Manager Cloud Ecosystem and Developers, and a Social Business Evangelist, d...
Converging digital disruptions is creating a major sea change - Cisco calls this the Internet of Everything (IoE). IoE is the network connection of People, Process, Data and Things, fueled by Cloud, Mobile, Social, Analytics and Security, and it represents a $19Trillion value-at-stake over the next 10 years. In her keynote at @ThingsExpo, Manjula Talreja, VP of Cisco Consulting Services, discussed IoE and the enormous opportunities it provides to public and private firms alike. She will share what businesses must do to thrive in the IoE economy, citing examples from several industry sectors.
In his keynote at 16th Cloud Expo, Rodney Rogers, CEO of Virtustream, discussed the evolution of the company from inception to its recent acquisition by EMC – including personal insights, lessons learned (and some WTF moments) along the way. Learn how Virtustream’s unique approach of combining the economics and elasticity of the consumer cloud model with proper performance, application automation and security into a platform became a breakout success with enterprise customers and a natural fit for the EMC Federation.
SYS-CON Events announced today that the "Second Containers & Microservices Conference" will take place November 3-5, 2015, at the Santa Clara Convention Center, Santa Clara, CA, and the “Third Containers & Microservices Conference” will take place June 7-9, 2016, at Javits Center in New York City. Containers and microservices have become topics of intense interest throughout the cloud developer and enterprise IT communities.
SYS-CON Events announced today that the "First Containers & Microservices Conference" will take place June 9-11, 2015, at the Javits Center in New York City. The “Second Containers & Microservices Conference” will take place November 3-5, 2015, at Santa Clara Convention Center, Santa Clara, CA. Containers and microservices have become topics of intense interest throughout the cloud developer and enterprise IT communities.
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo in Silicon Valley. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place Nov 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 17th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal an...
17th Cloud Expo, taking place Nov 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Meanwhile, 94% of enterprises are using some form of XaaS – software, platform, and infrastructure as a service.
The 17th International Cloud Expo has announced that its Call for Papers is open. 17th International Cloud Expo, to be held November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, APM, APIs, Microservices, Security, Big Data, Internet of Things, DevOps and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportunity. Submit your speaking proposal today!