Securonix Raises $29 Million

Security startup Securonix completed $29 million in Series A financing led by Volition Capital. Eight Roads also participated.

Securonix’s security analytics technology mines, enriches, analyzes, scores and visualizes customer data, creating actionable intelligence on the highest risk threats from within and outside their environments. Using signature-less anomaly detection techniques that track user, account and system behavior, Securonix is able to detect the most advanced insider threats, data security and fraud attacks, automatically and accurately. According to the company, customers around the world are using Securonix to address the most basic and complex needs around advanced persistent threat detection and monitoring, high privileged activity monitoring, enterprise and web fraud detection, application risk monitoring and access risk management.

In its announcement, the company said Securonix will use the funding to extend its investment in technology innovation and toward expansion in domestic and global markets.