US-based computer security firm Skybox Security secured $6m on Tuesday in a round led by Susquehanna Growth Equity (SGE), the private equity division of financial services group the Susquehanna International Group of Companies, with participaion by unnamed existing investors. Although Skybox did not disclose the identity of the other investors, they include Mistubishi UFJ Capital, the corporate venturing unit belonging to the financial services firm Mitsubishi UFJ Financial Group. Mitsubishi UFJ invested in Skybox’s $2m December 2009 series D round along with venture capital (VC) firm Benchmark Capital, Lightspeed Venture Partners and Rembrandt Venture Partners, and VC funds Carmel Ventures and Valley Venture Capital. Prior to that tranche of series D financing, Skybox had raised $41m. Skybox plans to use the latest financing to further accelerate its growth by expanding into new territories and develop its sales structure by adding channel partners. Jonathan Klahr, a director at SGE, said: "We are focused on investing in growing companies with solid technology offerings and established traction in emerging market spaces. The combination of record growth and innovative offerings makes Skybox Security the perfect addition to our portfolio."  

Subscribe to go deeper

GCV subscribers get access to all our proprietary data and deep-dive articles, as well as the global directory of CVC investors.

Not sure if you have a subscription?