USA – Menlo Security, a Mountain View, Calif.-based cloud security company, raised $100m in Series E funding, valuing the company at $800m.
The round was led by Vista Equity Partners with participation from Neuberger Berman funds, General Catalyst, JP Morgan, and other existing investors. The company intends to use the funds to accelerate market expansion and scale go-to-market capabilities, as well as increase investment in engineering to accelerate product delivery and category expansion.Led by Amir Ben Efraim, CEO, Menlo Security provides businesses with a SaaS security platform to prevent malicious attacks, secure uninterrupted work while accessing the internet, SaaS or private applications; and remove the operational burden for security operations teams.Customers include seven of the ten largest banks, four of the five largest credit-card issuers and some of the largest energy and critical infrastructure companies in the world. 12/11/2020
