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ShieldX Secures $25 Million

ShieldX Secures $25 Million
Credit: shieldx.com

Security startup ShieldX closed $25 million in Series B financing. FireEye, Symantec, Bain Capital Ventures, Aspect Ventures, and Dimension Data participated in the funding.

ShieldX’s cloud security strives to protect organizations against cyber threats, regardless of where sensitive data resides or how it moves across public, private, or multi-cloud environments. Its product, called APEIRO, can be used to scale security and micro-segmentation on demand, support business innovation, meet compliance requirements, and protect against the latest cyberattacks.

This funding will allow ShieldX to expand its marketing and sales efforts, fund product development, and increase automation and intelligence across popular cloud environments.