Avanan Raises $14.9 Million Series A Financing Round

Funding Rounds

Summary

With a click of a button, enterprises can protect Amazon AWS, Box, Google, Office 365, or any other Software-as-a-Service (SaaS) or Infrastructure-as-a-Service (IaaS) product, using preconfigured cloud-based versions of security technology from more than 60 leading vendors such as Check Point, Symantec, McAfee, Palo Alto Networks, Sophos and Kaspersky. “We’ve been impressed with the fast adoption of the Avanan vision by customers and look forward to partnering for continued growth.” Leveraging partnerships, Avanan built a Security-as-a-Service platform that protects the cloud with the full stack of security, including malware protection, antivirus, data leakage prevention, endpoint compliance, behavior monitoring, email security, anti-phishing, encryption and more. Avanan allows organizations to manage cloud security from a single pane of glass and lets IT respond to incidents in an automated and scalable way. We wanted to allow them to secure their cloud with one easy-to-use SaaS platform that incorporates the technologies they already trust,” said Gil Friedrich, Avanan founder and CEO. The GFC team on the ground in Israel applies its years of operating experience with TPG’s global network to help strengthen and grow its portfolio companies.

$ Funding

$
Amount $14.9M Total raised
Date May 18, 2016 Announcement date
Investors - Lead investors
Company - Funded company

Classifications

industries
HealthTech
applications
AI & Machine learning

AskAI Classifications

Labels
No AI classifications detected

Linked Companies

Avanan
$10M to $25M