Cloud cybersecurity software provider CipherCloud had raised more than $80m pre-acquisition from backers such as Transamerica and Deutsche Telekom.
Investment vehicles for insurance provider Transamerica and telecommunications firm Deutsche Telekom exited US-based cybersecurity technology provider CipherCloud yesterday in an acquisition of undisclosed size by cybersecurity software producer Lookout.
CipherCloud provides cloud software that secures the secure access service edge, in which wide-area networking and security are delivered directly to enterprises through the cloud instead of through a data centre.
T-Venture, then the corporate venturing arm of Deutsche Telekom, joined venture capital firms Andreessen Horowitz and Index Ventures to invest…
