IT security company VArmour has announced it has secured $36m since late 2013 from backers including Citi as the company prepares to emerge from stealth mode.
US-based stealth security company VArmour raised $21m on Wednesday in a series C round that included Citi Ventures, financial services firm Citi’s corporate venturing unit.
There was also involvement from venture capital firm Menlo Ventures, accelerator Work-Bench and investment firm Columbus Nova Technology Partners.
VArmour helps users understand how network traffic flows throughout their data centres in order to prevent hacking attacks. The new funding will enable the company to meet product demands and expand its sales team.
Pravin Vazirani,…