The Discovery-backed cloud management software provider boosted its funding to $29m to date in a round led by Providence Strategic Growth.

DivvyCloud, a US-based cloud security software developer backed by media group Discovery Communications, has secured in $19m in a funding round led by Providence Strategic Growth Capital Partners.

Providence Strategic Growth, an affiliate of private equity firm Providence Equity Partners, was joined by MissionOG and RTP Ventures. The round increased the company’s overall funding to $29m.

Founded in 2013, DivvyCloud has developed software that helps organisations protect their public and private cloud infrastructure from security threats while ensuring regulatory compliance.

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