Telstra and Standard Chartered Ventures helped the cloud security software provider hike its overall funding to about $185m.

US-based cloud security software developer vArmour has raised $58m in a round featuring telecommunications company Telstra and financial services firm Standard Chartered.

AllegisCyber Capital and NightDragon co-led the round, which included Highland Capital Partners, Redline Capital and EDBI, while Standard Chartered invested through corporate venturing unit Standard Chartered Ventures.

Founded in 2011, vArmour has developed an application relationship management platform that allows businesses to monitor the user access of their cloud-based software.

Tim Eades, vArmour’s CEO, said: “By giving our…