Zenedge Raises 6.2 Million In Series C Funding
Zenedge just raised 6.2 million in Series C funding, led by Pilot Growth Equity. Additional funds come from Zoho Corporation and existing investors TELUS Ventures and Yehuda Neuberger. Founded in 2014, Zenedge is a leading provider of cloud-based, artificial intelligence, driven Web Application Firewall (WAF) and Distributed Denial of Service (DDoS) cybersecurity Infrastructure-as- a-Service (IaaS) provider. The company leverages patent-pending deep machine-learning capabilities to detect anomalies, dynamically alter security postures, and initiate auto-mitigation and automatic routing with minimal to zero human intervention. This allows the company to provide better cybersecurity and faster time to mitigation than traditional cloud and on-premise cybersecurity vendors, ultimately resulting in less and shorter business interruptions, while helping reduce operational costs.
Sep-8-2016, 21:05:42 GMT
- Industry:
- Information Technology > Security & Privacy (1.00)
- Banking & Finance > Capital Markets (1.00)
- Technology:
- Information Technology
- Security & Privacy (1.00)
- Cloud Computing (1.00)
- Artificial Intelligence > Machine Learning (0.62)
- Information Technology