Israeli Dome9 Security has raised $16.5 million in Series C funding from Softbank

Dome9 Security, a company specializing in cloud-based cybersecurity, has raised $16.5 million in Series C funding. The company, previously based in Tel Aviv, recently moved its headquarters to Mountain View, California. The investment round was led by the Japanese telecom giant SoftBank, which is a new investor in the company.

As part of the agreement, SoftBank will become the leading distributor of the Dome9 Arc cloud infrastructure security platform in the Japanese market.

"As enterprise adoption of the cloud continues to accelerate, there is a growing need for cloud-native solutions that simplify security operations and compliance," said Masayuki Motoshima, Director of Cyber Security Business Development at SoftBank Corp, in a statement. "Dome9’s strong traction in the enterprise market attests to the value the technology delivers, and led to our decision to invest. Dome9 gives enterprise customers the confidence that their workloads are secure in the cloud. I'm confident that together SoftBank and Dome9 will help Japanese organizations maximize the benefit they get from migrating to the cloud."

The Dome9 Arc SaaS platform allows organizations running workloads in cloud environments to simplify their security operations and manage compliance. The company offers a full range of cloud security capabilities, and the security platform is compatible with public cloud services including Amazon Web Services, Microsoft Azure, and the Google Cloud Platform.

The company says it will use the new funding to invest in R&D, sales, and marketing.

Read more: Dome9 (Press release)