Lastline Secures $10 Million in Funding
Today we announced that we’ve raised $10 million from new investors Dell Ventures and Presidio Ventures, as well as existing investors Redpoint Ventures and e.ventures. With the new round of funding, we will continue to focus on serving our rapidly growing, global enterprise customer base as well as new and existing partnerships to improve information security and threat intelligence worldwide.
This round of funding adds to the $13.7 million we raised in earlier rounds to bring total funding raised to nearly $24 million since our founding in 2011.
In the past year, we have deployed our next-generation sandbox powered by full system emulation technology and cloud-based threat analysis in enterprises and with managed security service providers (MSSPs) across North America, Europe and Asia. We root out zero-day threats, advanced persistent threats (APTs), advanced targeted attacks (ATAs) and advanced malware not caught by traditional anti-virus or first-generation sandboxing technologies.
Our software platform and cloud-centric approach to combating advanced malware is seeing a strong response in the market from global enterprises and our security partners who are dissatisfied with the costly and incomplete offerings of first-generation APT vendors. We are delighted to have new and existing investors backing our vision to help us defend even the largest organizations and the billions of people they serve worldwide from this new wave of pernicious threats.
For more details please see our press release.