Israeli-founded cloud security startup Guardicore secures $60 million

Tel Aviv-founded Guardicore, an internal data centre and cloud security startup, has landed $60 million in a funding round led by Qumra Capital, with participation from DTCP, Partech, ClalTech, Battery Ventures, 83North, TPG Growth, and Greenfield Partners. This capital injection brings the total amount raised by the company to $110 million.

Guardicore will use the money to “accelerate investments in sales, marketing, and customer service,” it stated in a press release. The company's enterprise security platform Guardicore Centra is currently being used by medium and large-sized customers North America, South America, and EMEA in financial, healthcare, and retail industries, including Deutsche Bank.

“Any organization has critical IT assets that need to be secured,” said Pavel Gurvich, CEO and co-founder of Guardicore. “Our distributed, software-defined segmentation solution is the simplest way to secure these assets whether they reside in the cloud or on premises. The days of being chained to legacy firewalls are over.”