Monday, February 26, 2024
Technology News
Trusted, Accurate, and Validated
Home / Business  / Security Startup HyTrust Secures $36 Million

Security Startup HyTrust Secures $36 Million

Security Startup HyTrust Secures $36 Million

HyTrust announced the close of $36 million in Series E financing. Nine investors participated in the round: Advance Venture Partners, Sway Ventures, EPIC Ventures, Vanedge Capital, Trident Capital Cybersecurity, Cisco Investments, Fortinet, Intel Capital, and VMWare.

HyTrust offers IT managers and administrators of virtual infrastructure a centralized, single point of control for hypervisor configuration, compliance, and access management. By combining best practices, processes, and controls of physical infrastructure security into a comprehensive solution for virtual infrastructure, HyTrust enables virtual infrastructure to achieve the same level of operational readiness as that of physical infrastructure.

In its announcement, the company said it will use this latest round of investment to expand its sales and marketing efforts and to fund new product development.